Robert W. Baird Forecasts Strong Price Appreciation for Keysight Technologies (NYSE:KEYS) Stock

Keysight Technologies (NYSE:KEYS) had its price target lifted by Robert W. Baird from $163.00 to $180.00 in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have an outperform rating on the scientific and technical instruments company’s stock.

A number of other research analysts have also recently issued reports on the company. Barclays upgraded Keysight Technologies from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $158.00 to $180.00 in a research report on Monday, November 4th. Wells Fargo & Company restated an “overweight” rating and issued a $180.00 target price on shares of Keysight Technologies in a research report on Wednesday, August 21st. Bank of America upped their price target on shares of Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a report on Wednesday, August 21st. Morgan Stanley increased their price target on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $177.30.

Keysight Technologies Stock Down 0.1 %

Shares of KEYS opened at $170.28 on Wednesday. The firm has a 50 day simple moving average of $156.56 and a two-hundred day simple moving average of $146.41. 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. Keysight Technologies has a one year low of $119.72 and a one year high of $171.05. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 1.52.

Institutional Investors Weigh In On Keysight Technologies

A number of institutional investors have recently made changes to their positions in KEYS. Swedbank AB raised its position in shares of Keysight Technologies by 3.8% during the second quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock worth $564,626,000 after acquiring an additional 151,446 shares during the last quarter. Natixis Advisors LLC increased its position in Keysight Technologies by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock valued at $28,125,000 after purchasing an additional 14,185 shares during the period. Janney Montgomery Scott LLC increased its position in Keysight Technologies by 72.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock valued at $2,685,000 after purchasing an additional 7,106 shares during the period. Capital International Sarl acquired a new position in shares of Keysight Technologies in the 1st quarter worth approximately $2,434,000. Finally, Teachers Retirement System of The State of Kentucky boosted its stake in shares of Keysight Technologies by 172.6% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 41,977 shares of the scientific and technical instruments company’s stock valued at $6,565,000 after purchasing an additional 26,577 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

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.