Zacks Investment Research Lowers Horiba (HRIBF) to Hold

Zacks Investment Research cut shares of Horiba (OTCMKTS:HRIBF) from a buy rating to a hold rating in a research report released on Tuesday.

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 (HRIBF) opened at $61.03 on Tuesday. Horiba has a one year low of $61.03 and a one year high of $64.50. The firm has a market capitalization of $2,595.79, a P/E ratio of 18.84, a P/E/G ratio of 1.57 and a beta of -186.39.

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