Keysight Technologies, Inc. (NYSE:KEYS) Receives $184.44 Average Price Target from Analysts

Keysight Technologies, Inc. (NYSE:KEYS) has received a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation and eight have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $184.44.

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $170.00 to $200.00 in a research note on Monday, December 16th. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. Barclays increased their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Wells Fargo & Company raised their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th.

Keysight Technologies Stock Down 2.0 %

Shares of Keysight Technologies stock opened at $149.91 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies has a 1-year low of $119.72 and a 1-year high of $186.20. The business’s fifty day moving average price is $168.84 and its two-hundred day moving average price is $162.15. The company has a market capitalization of $25.92 billion, a P/E ratio of 42.83, a PEG ratio of 2.41 and a beta of 1.10.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.61% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in KEYS. Truvestments Capital LLC purchased a new position in Keysight Technologies during the 3rd quarter worth approximately $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies during the third quarter valued at $29,000. Goodman Advisory Group LLC acquired a new position in Keysight Technologies during the third quarter valued at $35,000. Venturi Wealth Management LLC boosted its position in Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after acquiring an additional 133 shares during the period. Finally, Sunbelt Securities Inc. grew its stake in Keysight Technologies by 241.8% during the 4th quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company’s stock valued at $44,000 after acquiring an additional 191 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.