Warburg Research set a €40.50 ($47.65) target price on INDUS (ETR:INH) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other analysts have also weighed in on INH. Hauck & Aufhaeuser set a €41.00 ($48.24) price objective on shares of INDUS and gave the stock a buy rating in a research report on Wednesday, March 24th. Independent Research set a €42.00 ($49.41) price objective on shares of INDUS and gave the stock a buy rating in a research report on Tuesday, April 6th.
INDUS stock opened at €34.65 ($40.76) on Wednesday. The company has a debt-to-equity ratio of 106.14, a current ratio of 1.84 and a quick ratio of 0.95. INDUS has a 1-year low of €24.10 ($28.35) and a 1-year high of €37.70 ($44.35). The firm has a market capitalization of $931.93 million and a P/E ratio of -30.71. The company’s 50-day moving average is €35.21 and its 200 day moving average is €33.19.
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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