Deutsche Bank Aktiengesellschaft Raises Keysight Technologies (NYSE:KEYS) Price Target to $180.00

Keysight Technologies (NYSE:KEYS) had its price target hoisted by stock analysts at Deutsche Bank Aktiengesellschaft from $175.00 to $180.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the scientific and technical instruments company’s stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 5.89% from the stock’s current price.

Other research analysts also recently issued reports about the company. Robert W. Baird dropped their target price on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Morgan Stanley upped their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday. JPMorgan Chase & Co. upped their target price on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Finally, Susquehanna lowered their price objective on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $177.30.

Keysight Technologies Trading Up 2.7 %

Shares of NYSE KEYS opened at $169.99 on Wednesday. Keysight Technologies has a twelve month low of $119.72 and a twelve month high of $170.52. The business has a fifty day simple moving average of $155.72 and a two-hundred day simple moving average of $146.10. The firm has a market cap of $29.50 billion, a PE ratio of 48.57, a price-to-earnings-growth ratio of 4.46 and a beta of 0.98. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.22. Keysight Technologies had a return on equity of 19.34% and a net margin of 12.32%. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period last year, the business posted $2.04 EPS. The business’s revenue was down 11.9% compared to the same quarter last year. Analysts expect that Keysight Technologies will post 6.18 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Keysight Technologies

A number of institutional investors and hedge funds have recently modified their holdings of KEYS. Swedbank AB acquired a new position in shares of Keysight Technologies during the first quarter worth $621,993,000. Price T Rowe Associates Inc. MD boosted 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 valued at $494,299,000 after acquiring an additional 2,462,543 shares in the last quarter. Capital World Investors acquired a new position in Keysight Technologies in the first quarter valued at $250,097,000. Boston Partners acquired a new position in Keysight Technologies in the first quarter valued at $175,979,000. Finally, Geode Capital Management LLC raised its holdings in shares of Keysight Technologies by 7.9% in the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after buying an additional 323,235 shares during the last quarter. Institutional investors and hedge funds 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.