Horiba Ltd (HRIBF) to Post Q4 2017 Earnings of $0.91 Per Share, Jefferies Group Forecasts

Horiba Ltd (OTCMKTS:HRIBF) – Equities research analysts at Jefferies Group reduced their Q4 2017 EPS estimates for shares of Horiba in a research report issued on Tuesday. Jefferies Group analyst M. Nakanomyo now anticipates that the company will post earnings of $0.91 per share for the quarter, down from their prior estimate of $1.22.

Separately, Zacks Investment Research raised shares of Horiba from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a research note on Wednesday, August 23rd.

Horiba (OTCMKTS:HRIBF) remained flat at $$61.05 during trading on Thursday. The firm has a market cap of $2,596.64 and a price-to-earnings ratio of 18.84. Horiba has a one year low of $45.93 and a one year high of $64.50.

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