Indus (ETR:INH) has been given a €57.00 ($66.28) price objective by equities research analysts at HSBC in a report issued on Friday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. HSBC’s target price points to a potential upside of 44.49% from the stock’s current price.
A number of other research firms also recently weighed in on INH. Warburg Research set a €60.00 ($69.77) price target on shares of Indus and gave the company a “buy” rating in a report on Tuesday, April 2nd. Independent Research set a €57.00 ($66.28) price target on shares of Indus and gave the company a “buy” rating in a report on Monday, April 8th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of €56.94 ($66.21).
Indus stock opened at €39.45 ($45.87) on Friday. The firm has a market cap of $969.41 million and a PE ratio of 13.63. The company has a current ratio of 1.77, a quick ratio of 0.78 and a debt-to-equity ratio of 95.54. Indus has a 1-year low of €37.40 ($43.49) and a 1-year high of €56.90 ($66.16).
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.
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