Keysight Technologies, Inc. (NYSE:KEYS) Receives $181.33 Consensus Target Price from Brokerages

Shares of Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report) have been assigned an average rating of "Moderate Buy" from the nine ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation and eight have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $181.33.

A number of research firms have recently weighed in on KEYS. JPMorgan Chase & Co. cut their target price on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Robert W. Baird lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. Wells Fargo & Company lifted their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Wednesday, February 26th. Finally, StockNews.com lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the firm's stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the transaction, the chief financial officer now directly owns 115,063 shares of the company's stock, valued at $17,834,765. This trade represents a 3.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.61% of the company's stock.

Hedge Funds Weigh In On Keysight Technologies

A number of institutional investors have recently added to or reduced their stakes in KEYS. Xponance Inc. increased its stake in shares of Keysight Technologies by 0.6% in the first quarter. Xponance Inc. now owns 28,339 shares of the scientific and technical instruments company's stock worth $4,244,000 after buying an additional 178 shares during the period. Kesler Norman & Wride LLC boosted its stake in Keysight Technologies by 37.2% during the first quarter. Kesler Norman & Wride LLC now owns 5,440 shares of the scientific and technical instruments company's stock worth $816,000 after acquiring an additional 1,476 shares in the last quarter. Robeco Schweiz AG purchased a new stake in Keysight Technologies in the first quarter worth about $11,532,000. Allworth Financial LP lifted its holdings in shares of Keysight Technologies by 14.4% during the first quarter. Allworth Financial LP now owns 2,540 shares of the scientific and technical instruments company's stock valued at $365,000 after purchasing an additional 319 shares during the last quarter. Finally, Parr Mcknight Wealth Management Group LLC boosted its position in shares of Keysight Technologies by 14.2% in the 1st quarter. Parr Mcknight Wealth Management Group LLC now owns 7,965 shares of the scientific and technical instruments company's stock worth $1,193,000 after purchasing an additional 991 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Stock Performance

NYSE:KEYS traded up $1.50 during mid-day trading on Friday, reaching $146.90. 73,346 shares of the company's stock were exchanged, compared to its average volume of 1,144,777. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The firm has a market capitalization of $25.39 billion, a PE ratio of 41.94, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. Keysight Technologies has a one year low of $119.72 and a one year high of $186.20. The business's fifty day simple moving average is $147.20 and its two-hundred day simple moving average is $159.51.

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.