Keysight Technologies (NYSE:KEYS) Price Target Raised to $190.00

Keysight Technologies (NYSE:KEYS) had its price target increased by Robert W. Baird from $180.00 to $190.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an outperform rating on the scientific and technical instruments company’s stock.

A number of other research analysts have also recently issued reports on the company. Morgan Stanley lifted their price objective on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Barclays lifted their price target on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, February 22nd. Bank of America lifted their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. Finally, Wells Fargo & Company increased their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday. One analyst has rated the stock with a sell rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $184.44.

Keysight Technologies Trading Up 0.9 %

NYSE:KEYS opened at $159.61 on Thursday. The company’s 50-day simple moving average is $169.84 and its 200 day simple moving average is $161.41. Keysight Technologies has a one year low of $119.72 and a one year high of $186.20. The firm has a market capitalization of $27.60 billion, a P/E ratio of 45.60, a PEG ratio of 2.41 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 at Keysight Technologies

In other news, SVP Jeffrey K. Li sold 4,412 shares of the stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the transaction, the senior vice president now owns 30,637 shares in the company, valued at $5,267,113.04. This represents a 12.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the transaction, the chief executive officer now directly owns 116,582 shares in the company, valued at approximately $19,779,302.12. The trade was a 13.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 32,118 shares of company stock worth $5,411,891 over the last quarter. Company insiders own 0.61% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Truvestments Capital LLC purchased a new stake in shares of Keysight Technologies in the 3rd quarter worth $28,000. Erste Asset Management GmbH purchased a new stake in Keysight Technologies in the third quarter worth about $29,000. Goodman Advisory Group LLC bought a new position in shares of Keysight Technologies in the third quarter worth about $35,000. Groupama Asset Managment raised its stake in shares of Keysight Technologies by 76.6% in the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 9,437 shares during the period. Finally, Venturi Wealth Management LLC lifted its position in shares of 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 valued at $43,000 after buying an additional 133 shares in the last quarter. 84.58% of the stock is currently owned by 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.