Obic Co Ltd (OBIIF) Raised to Buy at Zacks Investment Research

Obic Co Ltd (NASDAQ:OBIIF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday. The brokerage currently has a $51.00 target price on the stock. Zacks Investment Research‘s price target would suggest a potential upside of 13.08% from the company’s previous close.

According to Zacks, “OBIC Co., Ltd provides system integration services, system support services, office automation services, and package software services. It also sells, leases and develops computers, peripherals, related systems and customized software. OBIC Co., Ltd is headquartered in Tokyo, Japan. “

Shares of Obic Co (NASDAQ:OBIIF) opened at 45.10 on Thursday. Obic Co has a 12 month low of $45.10 and a 12 month high of $45.10.

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