Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Keysight Technologies (NYSE:KEYS) Stock

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

KEYS has been the topic of a number of other reports. Wells Fargo & Company reaffirmed an “overweight” rating and set a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. Susquehanna decreased their price target on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research note on Wednesday, August 21st. Bank of America boosted their price target on Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 21st. Vertical Research assumed coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price objective for the company. Finally, Robert W. Baird dropped their target price on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, August 19th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $177.30.

Keysight Technologies Price Performance

Shares of KEYS stock opened at $170.28 on Wednesday. The company has a market cap of $29.55 billion, a P/E ratio of 48.65, a PEG ratio of 2.27 and a beta of 0.98. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 1.52. The stock’s 50-day moving average is $156.56 and its 200 day moving average is $146.41. Keysight Technologies has a 1-year low of $119.72 and a 1-year high of $171.05.

Institutional Investors Weigh In On Keysight Technologies

A number of hedge funds have recently modified their holdings of the business. Ferguson Wellman Capital Management Inc. grew its position in shares of Keysight Technologies by 0.6% in the second 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 increased its stake in shares of Keysight Technologies by 2.8% in the 2nd quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company’s stock worth $391,000 after acquiring an additional 74 shares during the last quarter. Cromwell Holdings LLC raised its holdings in shares of Keysight Technologies by 15.9% during the 3rd quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock worth $87,000 after acquiring an additional 75 shares during the period. Allworth Financial LP boosted its position in shares of Keysight Technologies by 3.9% during the 3rd quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock valued at $317,000 after acquiring an additional 75 shares during the last quarter. Finally, Diversified LLC grew its holdings in shares of 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 purchasing an additional 78 shares during the period. 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.