Shares of Indus Holding AG (ETR:INH) hit a new 52-week low on Friday . The stock traded as low as €34.10 ($39.65) and last traded at €34.35 ($39.94), with a volume of 5885 shares trading hands. The stock had previously closed at €35.15 ($40.87).
Several brokerages recently weighed in on INH. HSBC set a €57.00 ($66.28) target price on shares of Indus and gave the company a “buy” rating in a research note on Friday, June 14th. Warburg Research set a €56.00 ($65.12) price objective on shares of Indus and gave the company a “buy” rating in a research note on Tuesday, July 2nd. Finally, Independent Research set a €46.00 ($53.49) price objective on shares of Indus and gave the company a “neutral” rating in a research note on Friday, May 17th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of €56.14 ($65.28).
The firm’s 50 day moving average price is €37.27. The company has a debt-to-equity ratio of 95.54, a quick ratio of 0.78 and a current ratio of 1.77. The company has a market capitalization of $839.88 million and a P/E ratio of 11.76.
Indus Company Profile (ETR:INH)
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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