Keysight Technologies (NYSE:KEYS) Stock Rating Upgraded by JPMorgan Chase & Co.

Keysight Technologies (NYSE:KEYS) was upgraded by research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a note issued to investors on Monday, Marketbeat reports. The brokerage currently has a $200.00 target price on the scientific and technical instruments company’s stock, up from their prior target price of $170.00. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 20.26% from the company’s current price.

Several other equities research analysts have also weighed in on the company. Morgan Stanley lifted their price objective on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. StockNews.com lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, November 23rd. Wells Fargo & Company restated an “overweight” rating and set a $180.00 price target on shares of Keysight Technologies in a research note on Wednesday, August 21st. Robert W. Baird lifted their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and a consensus price target of $180.80.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $166.30 on Monday. Keysight Technologies has a 52 week low of $119.72 and a 52 week high of $175.39. The firm’s 50-day simple moving average is $161.62 and its two-hundred day simple moving average is $148.78. The firm has a market cap of $28.86 billion, a price-to-earnings ratio of 47.51, a P/E/G ratio of 2.15 and a beta of 1.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Insiders Place Their Bets

In other news, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the transaction, the vice president now owns 4,820 shares in the company, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jeffrey K. Li sold 4,412 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the sale, the senior vice president now owns 30,637 shares of the company’s stock, valued at $5,267,113.04. This represents a 12.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 27,063 shares of company stock valued at $4,603,201 over the last 90 days. Insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

Large investors have recently added to or reduced their stakes in the company. Cromwell Holdings LLC grew its position in shares of Keysight Technologies by 15.9% in the 3rd quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock worth $87,000 after buying an additional 75 shares during the last quarter. Allworth Financial LP boosted its holdings in Keysight Technologies by 3.9% in the third 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 in the last quarter. Diversified LLC increased its position in Keysight Technologies by 3.6% during the 2nd 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. Ameritas Investment Partners Inc. raised its holdings in Keysight Technologies by 0.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 20,669 shares of the scientific and technical instruments company’s stock worth $2,826,000 after purchasing an additional 82 shares in the last quarter. Finally, HB Wealth Management LLC lifted its position in shares of Keysight Technologies by 3.4% in the 2nd quarter. HB Wealth Management LLC now owns 2,804 shares of the scientific and technical instruments company’s stock worth $383,000 after purchasing an additional 92 shares during the period. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Company Profile

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.