Horiba Ltd (HRIBF) Raised to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Horiba Ltd (NASDAQ:HRIBF) from a hold rating to a buy rating in a research note published on Saturday morning. They currently have $72.00 price objective 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. “

Horiba (NASDAQ HRIBF) opened at 64.50 on Friday. Horiba has a 1-year low of $37.70 and a 1-year high of $64.50. The firm has a market cap of $2.72 billion and a PE ratio of 19.41.

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