Robert W. Baird Issues Positive Forecast for Keysight Technologies (NYSE:KEYS) Stock Price

Keysight Technologies (NYSE:KEYS) had its price objective raised by Robert W. Baird from $180.00 to $190.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have an outperform rating on the scientific and technical instruments company’s stock.

Other research analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft boosted their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Wells Fargo & Company boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday. Barclays lifted their price target on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Susquehanna reissued a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. Finally, StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a report on Saturday, February 22nd. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and an average price target of $184.44.

Keysight Technologies Price Performance

Shares of KEYS stock opened at $158.38 on Thursday. The firm’s 50-day moving average is $169.91 and its two-hundred day moving average is $160.93. Keysight Technologies has a 12 month low of $119.72 and a 12 month high of $186.20. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The company has a market capitalization of $27.38 billion, a PE ratio of 45.25, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 17,822 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the transaction, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This represents a 13.26 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Jeffrey K. Li sold 4,412 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the sale, the senior vice president now directly owns 30,637 shares of the company’s stock, valued at $5,267,113.04. The trade was a 12.59 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 32,118 shares of company stock valued at $5,411,891 over the last 90 days. Corporate insiders own 0.61% of the company’s stock.

Institutional Trading of Keysight Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Truvestments Capital LLC bought a new stake in Keysight Technologies in the third quarter valued at $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies during the 3rd quarter valued at about $29,000. Goodman Advisory Group LLC bought a new position in Keysight Technologies in the 3rd quarter worth about $35,000. Groupama Asset Managment increased its stake in shares of Keysight Technologies by 76.6% in the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 9,437 shares during the period. Finally, Venturi Wealth Management LLC raised its holdings in shares of Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 133 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

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.