Keysight Technologies (NYSE:KEYS) Rating Increased to Overweight at JPMorgan Chase & Co.

Keysight Technologies (NYSE:KEYS) was upgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued on Monday, Marketbeat Ratings reports. The firm currently has a $200.00 price target on the scientific and technical instruments company’s stock, up from their prior price target of $170.00. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 20.12% from the stock’s current price.

A number of other analysts also recently weighed in on the company. Wells Fargo & Company reiterated an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a research report on Wednesday, August 21st. Morgan Stanley raised their target price on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Barclays boosted their price target on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Bank of America lifted their target price on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and an average target price of $180.80.

Keysight Technologies Stock Down 1.1 %

Shares of KEYS opened at $166.50 on Monday. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies has a 12 month low of $119.72 and a 12 month high of $175.39. The firm’s 50 day moving average is $161.32 and its 200-day moving average is $148.55. The stock has a market capitalization of $28.89 billion, a PE ratio of 47.57, a P/E/G ratio of 2.15 and a beta of 1.00.

Insider Buying and Selling

In other news, SVP Kailash Narayanan sold 595 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $171.30, for a total value of $101,923.50. Following the transaction, the senior vice president now owns 35,912 shares in the company, valued at approximately $6,151,725.60. The trade was a 1.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lisa M. Poole sold 350 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the sale, the vice president now owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. 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 over the last 90 days. 0.60% of the stock is owned by insiders.

Institutional Trading of Keysight Technologies

A number of institutional investors have recently bought and sold shares of KEYS. Meeder Asset Management Inc. bought a new position in shares of Keysight Technologies during the 2nd quarter worth approximately $27,000. Truvestments Capital LLC acquired a new stake in Keysight Technologies in the third quarter worth $28,000. Erste Asset Management GmbH bought a new stake in Keysight Technologies in the third quarter valued at $29,000. Family Firm Inc. acquired a new position in shares of Keysight Technologies during the second quarter valued at about $30,000. Finally, American National Bank & Trust bought a new position in shares of Keysight Technologies during the 3rd quarter worth about $31,000. 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.