Indus (INH) PT Set at €78.00 by Commerzbank

Indus (ETR:INH) has been assigned a €78.00 ($96.30) price objective by investment analysts at Commerzbank in a note issued to investors on Tuesday, March 27th. The brokerage presently has a “buy” rating on the stock. Commerzbank’s price objective points to a potential upside of 35.65% from the company’s previous close.

A number of other research analysts have also weighed in on the stock. Independent Research set a €74.00 ($91.36) price objective on shares of Indus and gave the company a “buy” rating in a research note on Monday, March 5th. Deutsche Bank reaffirmed a “buy” rating on shares of Indus in a research note on Friday, February 23rd. Finally, Warburg Research set a €65.20 ($80.49) target price on shares of Indus and gave the company a “neutral” rating in a report on Thursday, February 22nd. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Indus has an average rating of “Buy” and a consensus price target of €69.90 ($86.30).

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ETR INH traded up €0.90 ($1.11) on Tuesday, hitting €57.50 ($70.99). 12,152 shares of the company were exchanged, compared to its average volume of 22,718. Indus has a 12 month low of €53.90 ($66.54) and a 12 month high of €66.20 ($81.73).

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Indus Company Profile

INDUS Holding AG is a private equity firm specializing in mergers and acquisitions and corporate spin-offs. The firm does not invest in retail and service companies, pure trading or consumer goods businesses, companies with significant dependencies on individual business partners, start-ups, turnarounds, mature businesses, and companies undergoing restructuring.

Analyst Recommendations for Indus (ETR:INH)

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