Market News

Hollysys Automation Technologies Ltd. (HOLI) Reaches $24.55 After 5.00% Up Move; Last Week Laird PLC (LON:LRD) Coverage

Among 10 analysts covering Laird PLC (LON:LRD), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Laird PLC had 72 analyst reports since July 30, 2015 according to SRatingsIntel. On Thursday, August 17 the stock rating was maintained by Barclays Capital with “Equal Weight”. On Monday, November 2 the stock rating was maintained by Numis Securities with “Buy”. The firm earned “Add” rating on Friday, April 28 by Numis Securities. The company was maintained on Friday, February 26 by UBS. Cenkos upgraded it to “Buy” rating and GBX 402 target in Thursday, February 18 report. The rating was maintained by Barclays Capital on Monday, July 18 with “Equal Weight”. The rating was maintained by JP Morgan with “Overweight” on Thursday, July 30. The rating was maintained by JP Morgan on Monday, August 1 with “Overweight”. Numis Securities maintained it with “Buy” rating and GBX 440 target in Thursday, January 21 report. Barclays Capital maintained the shares of LRD in report on Friday, October 30 with “Equal Weight” rating. See Laird PLC (LON:LRD) latest ratings:

08/02/2018 Broker: Stifel Nicolaus Rating: Buy Old Target: GBX 160.00 New Target: GBX 135.00 Upgrade
18/12/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: GBX 143.00 New Target: GBX 145.00 Reiteration
30/10/2017 Broker: JP Morgan Rating: Overweight Old Target: GBX 170.00 New Target: GBX 180.00 Maintain
27/10/2017 Broker: Numis Securities Rating: Add Old Target: GBX 165.00 New Target: GBX 180.00 Maintain
17/08/2017 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 137.00 New Target: GBX 145.00 Maintain

The stock of Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) is a huge mover today! The stock increased 3.41% or $0.81 during the last trading session, reaching $24.55. About 207,120 shares traded. Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) has risen 5.83% since February 9, 2017 and is uptrending. It has underperformed by 10.87% the S&P500.The move comes after 5 months positive chart setup for the $1.48 billion company. It was reported on Feb, 9 by We have $25.78 PT which if reached, will make NASDAQ:HOLI worth $74.05M more.

Hollysys Automation Technologies Ltd. provides automation and control technologies and products in the PeopleÂ’s Republic of China, Southeast Asia, India, and the Middle East. The company has market cap of $1.48 billion. The firm offers a suite of industrial automation systems, including third-party hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages comprising real-time management information system, HolliAS asset management system, operator training system, HolliAS batch application package, HolliAS advanced process control package, and safety instrumentation system, as well as HOLLiAS-NMS DCS, a proprietary nuclear power non-safety automation and control system. It has a 21.71 P/E ratio. It also provides train control center that monitors route condition, track status, train schedules, distance between trains, and the working status of other function devices, as well as generates control instructions and commands.

Among 5 analysts covering HollySys (NASDAQ:HOLI), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. HollySys has $17.21 highest and $15.69 lowest target. $17.21’s average target is -29.90% below currents $24.55 stock price. HollySys had 8 analyst reports since December 17, 2015 according to SRatingsIntel. J.P. Morgan downgraded the shares of HOLI in report on Friday, February 9 to “Hold” rating. Goldman Sachs downgraded the stock to “Neutral” rating in Thursday, December 17 report. The stock has “Neutral” rating by Credit Suisse on Friday, January 8. The firm earned “Reduce” rating on Thursday, April 28 by Nomura. The stock of Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) earned “Neutral” rating by JP Morgan on Thursday, February 18. Nomura upgraded the shares of HOLI in report on Tuesday, May 24 to “Neutral” rating.

Analysts await Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) to report earnings on February, 13. They expect $0.39 earnings per share, up 129.41% or $0.22 from last year’s $0.17 per share. HOLI’s profit will be $23.53M for 15.74 P/E if the $0.39 EPS becomes a reality. After $0.36 actual earnings per share reported by Hollysys Automation Technologies Ltd. for the previous quarter, Wall Street now forecasts 8.33% EPS growth.

Leave a Reply

Your email address will not be published. Required fields are marked *