Wells Fargo & Company Increases Keysight Technologies (NYSE:KEYS) Price Target to $190.00

Keysight Technologies (NYSE:KEYS) had its price target raised by Wells Fargo & Company from $180.00 to $190.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the scientific and technical instruments company’s stock. Wells Fargo & Company‘s target price would suggest a potential upside of 16.54% from the company’s previous close.

Several other brokerages also recently commented on KEYS. Morgan Stanley raised their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft raised their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Robert W. Baird boosted their target price on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Susquehanna restated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. Finally, Barclays boosted their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $183.33.

Keysight Technologies Trading Down 5.3 %

Keysight Technologies stock opened at $163.03 on Wednesday. The business has a 50-day simple moving average of $169.93 and a two-hundred day simple moving average of $160.95. Keysight Technologies has a 52-week low of $119.72 and a 52-week high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The company has a market cap of $28.19 billion, a P/E ratio of 46.89, a P/E/G ratio of 2.41 and a beta of 1.02.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Jeffrey K. Li sold 4,412 shares of the company’s 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 owns 30,637 shares in the company, valued at $5,267,113.04. This represents a 12.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP John Page sold 3,884 shares of Keysight Technologies stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $658,959.44. Following the completion of the transaction, the senior vice president now owns 37,081 shares in the company, valued at $6,291,162.46. This represents a 9.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 32,118 shares of company stock valued at $5,411,891. Company insiders own 0.61% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of KEYS. Swedbank AB increased its position in shares of Keysight Technologies by 7.1% during the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after purchasing an additional 292,372 shares in the last quarter. International Assets Investment Management LLC grew its stake in Keysight Technologies by 16,555.2% during the 3rd quarter. International Assets Investment Management LLC now owns 69,452 shares of the scientific and technical instruments company’s stock worth $11,038,000 after buying an additional 69,035 shares during the last quarter. Ballentine Partners LLC purchased a new stake in Keysight Technologies in the third quarter valued at about $233,000. Allworth Financial LP raised its holdings in shares of 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 worth $317,000 after buying an additional 75 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Keysight Technologies by 23.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 9,736 shares of the scientific and technical instruments company’s stock worth $1,547,000 after acquiring an additional 1,866 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.