Report
EUR 13.68 For Business Accounts Only

HORIBA sees a downgrade to Neutral on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of HORIBA (JP), active in the Electronic Equipment industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date May 21, 2021, the closing price was JPY 6,910.00 and its target price was estimated at JPY 5,990.96.
Underlying
Horiba Ltd.

HORIBA and its affiliates are engaged in the manufacture and sale of measuring instruments and analytical instruments. Co.'s business segments are automotive test systems, process & environmental instruments & systems, medical-diagnostic instruments & systems, semiconductor instruments & systems, and scientific instruments & systems. Co.'s principal products are emission measurement systems, automotive emission analyzers, and on-board emission measurement systems; scientific analysis instruments and environmental measuring instruments; equipment for blood sample analysis; mass flow controllers, chemical concentration monitors, and thin-film analyzers; and scientific analysis instruments.

Provider
TheScreener
TheScreener

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