Hoya (OTCMKTS:HOCPY) Downgraded by Jefferies Financial Group to Hold
Jefferies Financial Group cut shares of Hoya (OTCMKTS:HOCPY) from a buy rating to a hold rating in a research report sent to investors on Wednesday, The Fly reports. Jefferies Financial Group also issued estimates for Hoya’s FY2020 earnings at $3.01 EPS and FY2022 earnings at $3.23 EPS.
Other equities analysts have also recently issued research reports about the company. Zacks Investment Research cut Hoya from a buy rating to a hold rating in a report on Wednesday, June 12th. ValuEngine cut Hoya from a buy rating to a hold rating in a report on Friday, March 1st.
Shares of OTCMKTS:HOCPY opened at $74.55 on Wednesday. Hoya has a twelve month low of $51.00 and a twelve month high of $76.25. The firm has a market capitalization of $28.82 billion, a PE ratio of 25.71, a price-to-earnings-growth ratio of 2.51 and a beta of 0.63.
HOYA Corporation engages in the life care and information technology businesses. The company offers healthcare products, including eyeglass and contact lenses; and medical products, such as medical endoscopes, laparoscopic surgical instruments, intraocular lenses, and prosthetic ceramic fillers and orthopedic implants.
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