Keysight Technologies (NYSE:KEYS) Upgraded at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Keysight Technologies (NYSE:KEYS) from a neutral rating to an overweight rating in a research report sent to investors on Monday morning, Marketbeat reports. JPMorgan Chase & Co. currently has $200.00 price objective on the scientific and technical instruments company’s stock, up from their previous price objective of $170.00.

Other analysts have also issued reports about the stock. Susquehanna reissued a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. Wells Fargo & Company reiterated an “overweight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research report on Wednesday, August 21st. Morgan Stanley lifted their target price 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 downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a report on Saturday, November 23rd. Finally, Barclays lifted their price target on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $180.80.

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $160.21 on Monday. Keysight Technologies has a twelve month low of $119.72 and a twelve month high of $175.39. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average of $161.83 and a two-hundred day moving average of $148.97. The company has a market capitalization of $27.80 billion, a price-to-earnings ratio of 45.77, a PEG ratio of 2.15 and a beta of 1.00.

Insider Buying and Selling at Keysight Technologies

In related news, SVP Jeffrey K. Li sold 4,412 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the sale, the senior vice president now directly owns 30,637 shares in the company, valued at approximately $5,267,113.04. This trade represents a 12.59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the transaction, the chief executive officer now owns 116,582 shares in the company, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 27,063 shares of company stock valued at $4,603,201 in the last 90 days. 0.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Keysight Technologies

Several institutional investors and hedge funds have recently modified their holdings of the business. Truvestments Capital LLC bought a new stake in Keysight Technologies during the third quarter worth approximately $28,000. Erste Asset Management GmbH bought a new position in Keysight Technologies in the 3rd quarter worth $29,000. American National Bank & Trust acquired a new position in Keysight Technologies during the 3rd quarter worth $31,000. Meeder Asset Management Inc. bought a new stake in Keysight Technologies during the second quarter valued at about $27,000. Finally, Family Firm Inc. acquired a new stake in shares of Keysight Technologies in the second quarter valued at about $30,000. Institutional investors and hedge funds 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.