Robert W. Baird Raises Keysight Technologies (NYSE:KEYS) Price Target to $205.00

Keysight Technologies (NYSE:KEYS) had its target price hoisted by investment analysts at Robert W. Baird from $190.00 to $205.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has an “outperform” rating on the scientific and technical instruments company’s stock. Robert W. Baird’s target price would suggest a potential upside of 16.38% from the company’s current price.

A number of other brokerages have also issued reports on KEYS. Barclays reduced their target price on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research note on Wednesday, August 20th. UBS Group initiated coverage on shares of Keysight Technologies in a report on Tuesday, November 11th. They set a “buy” rating and a $220.00 price target on the stock. Bank of America upped their price target on Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a report on Wednesday, August 20th. Citigroup initiated coverage on shares of Keysight Technologies in a research note on Friday, November 14th. They issued a “buy” rating and a $215.00 price target on the stock. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research note on Friday, October 10th. Six equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $196.00.

Keysight Technologies Stock Up 2.0%

Shares of KEYS stock traded up $3.43 during trading hours on Monday, reaching $176.14. 229,745 shares of the company’s stock were exchanged, compared to its average volume of 1,021,022. Keysight Technologies has a 1 year low of $121.43 and a 1 year high of $187.67. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. The stock has a market cap of $30.27 billion, a PE ratio of 56.10, a PEG ratio of 2.38 and a beta of 1.22. The stock’s fifty day moving average price is $173.51 and its two-hundred day moving average price is $166.83.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the sale, the senior vice president owned 106,590 shares in the company, valued at $18,544,528.20. The trade was a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.61% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Keysight Technologies

Several large investors have recently made changes to their positions in the stock. CIBC Bancorp USA Inc. acquired a new position in Keysight Technologies during the 3rd quarter worth about $4,153,000. Captrust Financial Advisors raised its holdings in shares of Keysight Technologies by 2.5% in the 3rd quarter. Captrust Financial Advisors now owns 17,563 shares of the scientific and technical instruments company’s stock valued at $3,072,000 after purchasing an additional 425 shares in the last quarter. Danica Pension Livsforsikringsaktieselskab acquired a new stake in Keysight Technologies in the third quarter valued at $18,990,000. Danske Bank A S acquired a new position in shares of Keysight Technologies during the 3rd quarter worth about $13,653,000. Finally, Kestra Private Wealth Services LLC purchased a new position in shares of Keysight Technologies in the 3rd quarter valued at about $203,000. 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.