Jefferies Group Weighs in on Horiba Ltd.’s Q4 2017 Earnings (HRIBF)

Horiba Ltd. (OTCMKTS:HRIBF) – Equities research analysts at Jefferies Group issued their Q4 2017 EPS estimates for Horiba in a research note issued to investors on Tuesday. Jefferies Group analyst M. Nakanomyo forecasts that the company will post earnings of $1.22 per share for the quarter. Jefferies Group also issued estimates for Horiba’s FY2018 earnings at $3.84 EPS and FY2019 earnings at $4.31 EPS.

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Separately, Zacks Investment Research raised Horiba from a “hold” rating to a “buy” rating and set a $72.00 target price for the company in a research report on Thursday.

Shares of Horiba (OTCMKTS HRIBF) remained flat at $$64.50 on Wednesday. The stock has a market capitalization of $2,740.00 and a PE ratio of 19.91. Horiba has a 52-week low of $45.93 and a 52-week high of $64.50.

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