Zacks Investment Research Lowers Horiba Ltd (HRIBF) to Sell

Horiba Ltd (NASDAQ:HRIBF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Monday.

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. “

Shares of Horiba (NASDAQ:HRIBF) remained flat at $45.93 on Monday. Horiba has a 12-month low of $37.70 and a 12-month high of $45.93. The company’s 50-day moving average price is $0.00 and its 200 day moving average price is $0.00. The firm has a market capitalization of $1953.54 billion and a P/E ratio of 17.14.

This article was originally published by and is the sole property of American Banking News. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of U.S. and International copyright law. The original version of this story can be read at https://www.americanbankingnews.com/2017/03/20/zacks-investment-research-lowers-horiba-ltd-hribf-to-sell.html

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Zacks Investment Research Lowers Horiba Ltd (HRIBF) to Sell

Horiba Ltd (NASDAQ:HRIBF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Monday.

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. “

Shares of Horiba (NASDAQ:HRIBF) remained flat at $45.93 on Monday. Horiba has a 12-month low of $37.70 and a 12-month high of $45.93. The company’s 50-day moving average price is $0.00 and its 200 day moving average price is $0.00. The firm has a market capitalization of $1953.54 billion and a P/E ratio of 17.14.

This article was originally published by and is the sole property of American Banking News. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of U.S. and International copyright law. The original version of this story can be read at https://www.americanbankingnews.com/2017/03/20/zacks-investment-research-lowers-horiba-ltd-hribf-to-sell.html

Your IP Address:

5 Day Chart for NASDAQ:HRIBF

Get a free copy of the Zacks research report on Horiba (HRIBF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Horiba Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horiba Ltd and related companies with MarketBeat.com's FREE daily email newsletter.

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