Hollysys Automation Technologies Ltd. (NASDAQ:HOLI)’s share price rose 1.8% during mid-day trading on Tuesday . The company traded as high as $21.12 and last traded at $21.06, with a volume of 357,978 shares traded. The stock had previously closed at $20.68.

HOLI has been the topic of a number of recent research reports. Deutsche Bank AG initiated coverage on Hollysys Automation Technologies in a report on Monday, July 11th. They issued a “buy” rating and a $25.80 target price on the stock. Zacks Investment Research upgraded Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a report on Monday, July 18th. Finally, Nomura upgraded Hollysys Automation Technologies from a “reduce” rating to a “neutral” rating and decreased their target price for the stock from $16.35 to $15.53 in a report on Tuesday, May 24th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $20.78.

The firm has a market cap of $1.24 billion and a price-to-earnings ratio of 12.36. The firm’s 50-day moving average price is $19.01 and its 200 day moving average price is $18.81.

An institutional investor recently raised its position in Hollysys Automation Technologies stock. BNP Paribas Arbitrage SA raised its stake in Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,306 shares of the company’s stock after buying an additional 284 shares during the period. BNP Paribas Arbitrage SA owned about 0.11% of Hollysys Automation Technologies worth $1,471,000 at the end of the most recent quarter.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.