Keysight Technologies (NYSE:KEYS) Rating Increased to Buy at StockNews.com

StockNews.com upgraded shares of Keysight Technologies (NYSE:KEYS) from a hold rating to a buy rating in a report released on Thursday morning.

A number of other research analysts also recently weighed in on the stock. Bank of America upped their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Barclays raised their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. 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 note on Wednesday, November 20th. Finally, Robert W. Baird boosted their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and ten have given a buy rating to the company. Based on data from MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $180.80.

Keysight Technologies Stock Performance

KEYS opened at $172.67 on Thursday. The firm has a fifty day moving average price of $166.12 and a 200 day moving average price of $154.39. Keysight Technologies has a 1 year low of $119.72 and a 1 year high of $175.39. The stock has a market cap of $29.90 billion, a P/E ratio of 49.33, a P/E/G ratio of 2.18 and a beta of 1.02. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Insider Activity

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the sale, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the transaction, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 33,063 shares of company stock worth $5,573,941 over the last three months. Insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Keysight Technologies

A number of institutional investors have recently bought and sold shares of KEYS. Truvestments Capital LLC purchased a new stake in shares of Keysight Technologies in the 3rd quarter valued at approximately $28,000. Erste Asset Management GmbH purchased a new stake in Keysight Technologies in the third quarter valued at approximately $29,000. American National Bank & Trust acquired a new position in Keysight Technologies during the third quarter worth $31,000. Goodman Advisory Group LLC purchased a new position in shares of Keysight Technologies during the third quarter worth $35,000. Finally, Versant Capital Management Inc grew its stake in shares of Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after buying an additional 158 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.