StockNews.com upgraded shares of Keysight Technologies (NYSE:KEYS - Free Report) from a buy rating to a strong-buy rating in a report released on Monday.
Several other equities analysts have also recently issued reports on the stock. Susquehanna restated a "positive" rating and set a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Morgan Stanley lifted their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 20th. Barclays increased their price target on Keysight Technologies from $180.00 to $200.00 and gave the company an "overweight" rating in a report on Wednesday, November 20th. Finally, Bank of America raised their price target on Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $184.44.
Read Our Latest Stock Analysis on Keysight Technologies
Keysight Technologies Stock Up 1.0 %
Shares of KEYS stock traded up $1.57 during mid-day trading on Monday, hitting $156.09. The company's stock had a trading volume of 1,000,573 shares, compared to its average volume of 1,067,604. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies has a 52-week low of $119.72 and a 52-week high of $186.20. The stock has a market cap of $26.99 billion, a price-to-earnings ratio of 44.60, a PEG ratio of 2.41 and a beta of 1.02. The business has a 50-day moving average price of $169.14 and a 200 day moving average price of $161.85.
Insiders Place Their Bets
In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the company's stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the transaction, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.61% of the company's stock.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Swedbank AB lifted its position in shares of Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock valued at $702,671,000 after acquiring an additional 292,372 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Keysight Technologies by 23.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 9,736 shares of the scientific and technical instruments company's stock valued at $1,547,000 after purchasing an additional 1,866 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Keysight Technologies by 72.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company's stock worth $2,685,000 after purchasing an additional 7,106 shares in the last quarter. Forum Financial Management LP bought a new position in Keysight Technologies in the 3rd quarter worth approximately $222,000. Finally, Asset Management One Co. Ltd. grew its holdings in Keysight Technologies by 1.7% during the 3rd quarter. Asset Management One Co. Ltd. now owns 73,188 shares of the scientific and technical instruments company's stock valued at $11,632,000 after buying an additional 1,257 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.
Keysight Technologies Company Profile
(
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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.
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