Keysight Technologies, Inc. (NYSE:KEYS) Receives $180.80 Consensus Target Price from Brokerages

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have earned a consensus rating of “Moderate Buy” from the ten ratings firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $180.80.

KEYS has been the subject of a number of analyst reports. Robert W. Baird raised their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Bank of America upped their target price on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. Morgan Stanley raised their price target on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Finally, StockNews.com cut Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, November 23rd.

Keysight Technologies Price Performance

Shares of KEYS opened at $163.86 on Friday. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies has a twelve month low of $119.72 and a twelve month high of $175.39. The stock has a market capitalization of $28.38 billion, a P/E ratio of 46.82, a P/E/G ratio of 2.15 and a beta of 1.00. The company has a 50 day moving average of $162.20 and a 200-day moving average of $149.88.

Insider Transactions at Keysight Technologies

In other news, SVP Jeffrey K. Li sold 4,412 shares of Keysight Technologies stock in a transaction on Wednesday, December 4th. The stock was 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 approximately $5,267,113.04. This trade represents a 12.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP John Page sold 3,884 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $658,959.44. Following the completion of the transaction, the senior vice president now directly owns 37,081 shares of the company’s stock, valued at $6,291,162.46. This trade represents a 9.48 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,063 shares of company stock valued at $4,603,201. 0.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Keysight Technologies

Several large investors have recently bought and sold shares of the company. &PARTNERS bought a new position in shares of Keysight Technologies during the second quarter valued at $620,000. Family Firm Inc. acquired a new position in Keysight Technologies during the 2nd quarter worth about $30,000. State of Michigan Retirement System grew its position in shares of Keysight Technologies by 0.6% in the 2nd quarter. State of Michigan Retirement System now owns 50,331 shares of the scientific and technical instruments company’s stock valued at $6,883,000 after buying an additional 300 shares during the last quarter. Leith Wheeler Investment Counsel Ltd. increased its stake in shares of Keysight Technologies by 0.8% in the second quarter. Leith Wheeler Investment Counsel Ltd. now owns 92,539 shares of the scientific and technical instruments company’s stock valued at $12,655,000 after buying an additional 691 shares during the period. Finally, Argonautica Private Wealth Management Inc. raised its position in shares of Keysight Technologies by 16.3% during the second quarter. Argonautica Private Wealth Management Inc. now owns 8,016 shares of the scientific and technical instruments company’s stock worth $1,096,000 after acquiring an additional 1,122 shares during 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.