Horiba (HRIBF) Stock Rating Upgraded by Zacks Investment Research

Horiba (OTCMKTS:HRIBF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Wednesday. The brokerage presently has a $68.00 price target on the stock. Zacks Investment Research‘s price target would indicate a potential upside of 11.42% from the stock’s previous close.

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. “

Horiba (OTCMKTS HRIBF) remained flat at $$61.03 during trading on Wednesday. The company has a market cap of $2,600.00 and a P/E ratio of 18.84. Horiba has a 1-year low of $61.03 and a 1-year high of $64.50.

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