BidaskClub cut shares of OSI Systems, Inc. (NASDAQ:OSIS) from a buy rating to a hold rating in a research note issued to investors on Friday.

Several other equities research analysts also recently weighed in on the company. Zacks Investment Research raised OSI Systems from a hold rating to a buy rating and set a $81.00 price target on the stock in a research report on Wednesday, April 26th. Sidoti initiated coverage on OSI Systems in a research report on Wednesday, May 24th. They set a buy rating and a $99.00 price target on the stock. Jefferies Group LLC set a $85.00 price target on OSI Systems and gave the stock a buy rating in a research report on Wednesday, April 26th. TheStreet raised OSI Systems from a c+ rating to a b- rating in a research report on Thursday, August 10th. Finally, B. Riley reaffirmed a buy rating and set a $87.00 price target on shares of OSI Systems in a research report on Monday, April 24th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of Buy and an average target price of $87.50.

OSI Systems (NASDAQ OSIS) opened at 78.37 on Friday. The company’s 50-day moving average price is $78.82 and its 200 day moving average price is $76.09. OSI Systems has a 52-week low of $62.22 and a 52-week high of $83.54. The stock has a market capitalization of $1.46 billion, a P/E ratio of 60.33 and a beta of 0.79.

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Several large investors have recently bought and sold shares of OSIS. GW Henssler & Associates Ltd. raised its stake 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 valued at $226,000 after buying an additional 13 shares during the last quarter. Kirr Marbach & Co. LLC IN raised its stake 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 valued at $248,000 after buying an additional 40 shares during the last quarter. Miles Capital Inc. raised its stake in OSI Systems by 1.7% in the first quarter. Miles Capital Inc. now owns 3,065 shares of the technology company’s stock valued at $224,000 after buying an additional 52 shares during the last quarter. State of Alaska Department of Revenue raised its stake 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 valued at $146,000 after buying an additional 60 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan raised its stake 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 valued at $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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