OSI Systems, Inc. (NASDAQ:OSIS) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a report released on Friday.

Several other brokerages have also recently issued reports on OSIS. TheStreet raised shares of OSI Systems from a “c+” rating to a “b-” rating in a research note on Thursday, August 10th. Zacks Investment Research cut shares of OSI Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, June 6th. Jefferies Group LLC reaffirmed a “buy” rating and set a $85.00 price target on shares of OSI Systems in a research report on Wednesday, August 9th. Sidoti assumed coverage on shares of OSI Systems in a research report on Wednesday, May 24th. They set a “buy” rating and a $99.00 price target for the company. Finally, B. Riley reaffirmed a “buy” rating and set a $87.00 price target on shares of OSI Systems in a research report on Saturday, April 29th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. OSI Systems has an average rating of “Buy” and a consensus target price of $87.50.

OSI Systems (OSIS) traded down 0.53% on Friday, hitting $78.43. The stock had a trading volume of 78,330 shares. OSI Systems has a one year low of $62.22 and a one year high of $83.54. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 60.38 and a beta of 0.79. The company’s 50-day moving average price is $78.73 and its 200 day moving average price is $76.04.

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A number of institutional investors have recently bought and sold shares of OSIS. GW Henssler & Associates Ltd. boosted its position in OSI Systems by 0.4% in the first quarter. GW Henssler & Associates Ltd. now owns 3,098 shares of the technology company’s stock worth $226,000 after buying an additional 13 shares during the last quarter. Kirr Marbach & Co. LLC IN boosted its position in OSI Systems by 1.2% in the first quarter. Kirr Marbach & Co. LLC IN now owns 3,395 shares of the technology company’s stock worth $248,000 after buying an additional 40 shares during the last quarter. Miles Capital Inc. boosted its position in OSI Systems by 1.7% in the first quarter. Miles Capital Inc. now owns 3,065 shares of the technology company’s stock worth $224,000 after buying an additional 52 shares during the last quarter. State of Alaska Department of Revenue boosted its position in OSI Systems by 3.1% in the first quarter. State of Alaska Department of Revenue now owns 2,010 shares of the technology company’s stock worth $146,000 after buying an additional 60 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its position in OSI Systems by 1.5% in the first quarter. Municipal Employees Retirement System of Michigan now owns 4,140 shares of the technology company’s stock worth $302,000 after buying an additional 60 shares during the last quarter.

OSI Systems Company Profile

OSI Systems, Inc, through its subsidiaries, is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace.

Analyst Recommendations for OSI Systems (NASDAQ:OSIS)

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