Keysight Technologies (NYSE:KEYS) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Keysight Technologies (NYSE:KEYS) had its price objective raised by Morgan Stanley from $165.00 to $180.00 in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have an overweight rating on the scientific and technical instruments company’s stock.

Several other research firms have also recently weighed in on KEYS. JPMorgan Chase & Co. increased 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. Wells Fargo & Company reiterated an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a research note on Wednesday, August 21st. Susquehanna cut their target price on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research report on Wednesday, August 21st. Barclays upgraded shares of Keysight Technologies from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $158.00 to $180.00 in a research report on Monday, November 4th. Finally, Vertical Research initiated coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $177.30.

Keysight Technologies Stock Performance

KEYS stock opened at $170.28 on Wednesday. The stock has a market capitalization of $29.55 billion, a PE ratio of 48.65, a price-to-earnings-growth ratio of 2.27 and a beta of 0.98. The stock’s 50 day simple moving average is $156.56 and its 200 day simple moving average is $146.41. Keysight Technologies has a 12-month low of $119.72 and a 12-month high of $171.05. The company has a current ratio of 2.98, a quick ratio of 1.52 and a debt-to-equity ratio of 0.35.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Meeder Asset Management Inc. purchased a new position in Keysight Technologies during the 2nd quarter valued at approximately $27,000. Truvestments Capital LLC purchased a new position in shares of Keysight Technologies in the third quarter valued at $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies in the third quarter valued at $29,000. Family Firm Inc. bought a new stake in Keysight Technologies in the second quarter worth $30,000. Finally, American National Bank & Trust purchased a new stake in Keysight Technologies during the third quarter valued at $31,000. Institutional investors own 84.58% of the company’s stock.

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.