Keysight Technologies (NYSE:KEYS) Price Target Raised to $160.00 at Bank of America

Keysight Technologies (NYSE:KEYS) had its price objective boosted by Bank of America from $150.00 to $160.00 in a research note issued to investors on Wednesday morning,Benzinga reports. Bank of America currently has an underperform rating on the scientific and technical instruments company’s stock.

Other research analysts have also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft lifted their target price on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. lifted their price objective on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, August 21st. Robert W. Baird increased their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday. 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 target on the stock. Finally, Barclays increased their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and a consensus price target of $177.30.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $170.28 on Wednesday. The company has a market cap of $29.55 billion, a P/E ratio of 48.65, a P/E/G ratio of 2.27 and a beta of 0.98. The firm’s 50 day moving average is $156.56 and its two-hundred day moving average is $146.41. Keysight Technologies has a fifty-two week low of $119.72 and a fifty-two week high of $171.05. The company has a quick ratio of 1.52, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Institutional Trading of Keysight Technologies

Hedge funds and other institutional investors have recently modified their holdings of the business. Ferguson Wellman Capital Management Inc. grew its stake in Keysight Technologies by 0.6% during the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company’s stock valued at $1,737,000 after purchasing an additional 73 shares in the last quarter. Wedmont Private Capital grew its position in shares of Keysight Technologies by 2.8% during the second quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company’s stock worth $391,000 after buying an additional 74 shares in the last quarter. Cromwell Holdings LLC grew its position in shares of Keysight Technologies by 15.9% during the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock worth $87,000 after buying an additional 75 shares in the last quarter. Allworth Financial LP increased its stake in shares of Keysight Technologies by 3.9% in the third quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock worth $317,000 after buying an additional 75 shares during the last quarter. Finally, Diversified LLC raised its holdings in Keysight Technologies by 3.6% in the second quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company’s stock valued at $309,000 after acquiring an additional 78 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

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.