Keysight Technologies (NYSE:KEYS) Rating Increased to Overweight at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Keysight Technologies (NYSE:KEYS) from a neutral rating to an overweight rating in a research note published on Monday, Marketbeat Ratings reports. They currently have $200.00 price objective on the scientific and technical instruments company’s stock, up from their previous price objective of $170.00.

Several other equities research analysts also recently commented on the company. Bank of America boosted 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. Wells Fargo & Company reiterated an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research note on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. StockNews.com downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, November 23rd. Finally, Morgan Stanley raised their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and an average price target of $180.80.

Keysight Technologies Price Performance

KEYS stock opened at $170.88 on Monday. 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 50 day moving average price of $161.62 and a 200-day moving average price of $148.78. Keysight Technologies has a 52-week low of $119.72 and a 52-week high of $175.39. The firm has a market capitalization of $29.66 billion, a price-to-earnings ratio of 48.82, a PEG ratio of 2.15 and a beta of 1.00.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the sale, the vice president now directly owns 4,820 shares in the company, valued at $828,027.80. The trade was a 6.77 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Kailash Narayanan sold 595 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $171.30, for a total transaction of $101,923.50. Following the sale, the senior vice president now directly owns 35,912 shares of the company’s stock, valued at $6,151,725.60. The trade was a 1.63 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 27,063 shares of company stock worth $4,603,201. Insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of KEYS. Meeder Asset Management Inc. bought a new position in shares of Keysight Technologies during the 2nd quarter valued at approximately $27,000. Truvestments Capital LLC bought a new position in shares of Keysight Technologies in the third quarter worth approximately $28,000. Erste Asset Management GmbH purchased a new stake in shares of Keysight Technologies in the third quarter worth $29,000. Family Firm Inc. bought a new stake in shares of Keysight Technologies during the 2nd quarter valued at $30,000. Finally, American National Bank & Trust purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at $31,000. Hedge funds and other 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.