Horiba (HRIBF) Upgraded by Zacks Investment Research to Buy

Zacks Investment Research upgraded shares of Horiba (OTCMKTS:HRIBF) from a hold rating to a buy rating in a research report sent to investors on Wednesday morning. Zacks Investment Research currently has $68.00 price target on the stock.

According to Zacks, “Horiba Ltd. engages in manufacture and sale of instruments and systems for industrial applications. Its operating segments include Automotive Test Systems, Process and Environmental Instruments, Semiconductor Instruments, Medical-Diagnostic Instruments and Systems and Scientific Instruments and Systems. The company operates primarily in America, Asia and Oceania, Japan and Europe. Horiba Ltd is engaged in Kyoto, Japan. “

Shares of Horiba (HRIBF) traded down $0.02 on Wednesday, hitting $61.03. The stock had a trading volume of 600 shares, compared to its average volume of 73. The firm has a market cap of $2,600.00 and a price-to-earnings ratio of 18.67. Horiba has a one year low of $61.03 and a one year high of $64.50.

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