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

Keysight Technologies (NYSE:KEYS) had its price target raised by Deutsche Bank Aktiengesellschaft from $175.00 to $180.00 in a research note published on Wednesday,Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the scientific and technical instruments company’s stock.

Several other research analysts have also recently weighed in on KEYS. Barclays raised shares of Keysight Technologies from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $158.00 to $180.00 in a report on Monday, November 4th. Bank of America raised their target price on Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 21st. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Susquehanna reduced their price objective on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a report on Wednesday, August 21st. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a research note on Wednesday, August 21st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $177.30.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $165.48 on Wednesday. The firm has a market capitalization of $28.72 billion, a price-to-earnings ratio of 47.28, a PEG 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 has a 52-week low of $119.72 and a 52-week high of $168.46. The company has a fifty day simple moving average of $155.72 and a 200-day simple moving average of $146.10.

Keysight Technologies (NYSE:KEYS) last posted 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 during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the prior year, the business earned $2.04 earnings per share. The business’s revenue was down 11.9% compared to the same quarter last year. On average, equities analysts anticipate that Keysight Technologies will post 6.18 EPS for the current fiscal year.

Institutional Trading of Keysight Technologies

A number of large investors have recently made changes to their positions in KEYS. Geode Capital Management LLC increased its position in shares of Keysight Technologies by 7.9% in the 3rd 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 purchasing an additional 323,235 shares during the last quarter. Goodman Advisory Group LLC purchased a new position in Keysight Technologies in the third quarter valued at $35,000. Executive Wealth Management LLC acquired a new stake in Keysight Technologies in the third quarter valued at $205,000. Peloton Wealth Strategists lifted its holdings in Keysight Technologies by 4.3% during the 3rd quarter. Peloton Wealth Strategists now owns 4,845 shares of the scientific and technical instruments company’s stock worth $770,000 after buying an additional 200 shares during the last quarter. Finally, Groupama Asset Managment boosted its position in shares of Keysight Technologies by 76.6% during the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 9,437 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

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.