Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Keysight Technologies (NYSE:KEYS) Stock

Keysight Technologies (NYSE:KEYS) had its price target boosted by Deutsche Bank Aktiengesellschaft from $175.00 to $180.00 in a report released on Wednesday,Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the scientific and technical instruments company’s stock.

A number of other research analysts also recently weighed in on the company. Vertical Research began coverage on Keysight Technologies in a report on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 target price on the stock. Robert W. Baird cut their target price on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. Susquehanna decreased their price target on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research report on Wednesday, August 21st. Wells Fargo & Company restated an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a research note on Wednesday, August 21st. Finally, JPMorgan Chase & Co. boosted their price target on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $177.30.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $170.28 on Wednesday. The company has a quick ratio of 1.52, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The company has a 50 day moving average price of $156.56 and a 200-day moving average price of $146.41. Keysight Technologies has a 52 week low of $119.72 and a 52 week high of $171.05. The firm has a market capitalization of $29.55 billion, a PE ratio of 48.65, a P/E/G ratio of 2.27 and a beta of 0.98.

Institutional Investors Weigh In On Keysight Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KEYS. Swedbank AB purchased a new position in shares of Keysight Technologies during the first quarter worth approximately $621,993,000. Price T Rowe Associates Inc. MD grew its stake in Keysight Technologies by 352.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock worth $494,299,000 after purchasing an additional 2,462,543 shares in the last quarter. Capital World Investors purchased a new position in Keysight Technologies during the 1st quarter worth $250,097,000. Boston Partners bought a new stake in Keysight Technologies during the 1st quarter valued at $175,979,000. Finally, Geode Capital Management LLC lifted its holdings in shares of Keysight Technologies by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after buying an additional 323,235 shares during the period. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Company Profile

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.