HORIBA (OTCMKTS:HRIBF) Upgraded at Citigroup

HORIBA (OTCMKTS:HRIBF – Get Rating) was upgraded by equities researchers at Citigroup from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Friday, The Fly reports.

HORIBA Stock Performance

HRIBF stock opened at $56.56 on Friday. The business’s 50-day moving average price is $46.46 and its two-hundred day moving average price is $45.62. The firm has a market cap of $2.39 billion, a PE ratio of 11.54 and a beta of 0.01. HORIBA has a 1-year low of $46.55 and a 1-year high of $56.56.

HORIBA Company Profile

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HORIBA, Ltd. manufactures and sells instruments and systems worldwide. It operates in five segments: Automotive, Process & Environmental, Medical-Diagnostic, Semiconductors, and Scientific. The Automotive segment offers automotive emission analyzers, onboard emission measurement systems, driveline test systems, engine test and fuel cell test systems, and battery test systems; test systems for engines, chassis, powertrains, brakes, and catalysts, as well as water electrolysis cell/stack assessment equipment; and vehicle development engineering and testing engineering services, as well as leases and manages research and development facilities.