Keysight Technologies (NYSE:KEYS) Rating Lowered to “Hold” at StockNews.com

Keysight Technologies (NYSE:KEYS) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

A number of other research firms have also weighed in on KEYS. Susquehanna reissued a “positive” rating and issued 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 target on shares of Keysight Technologies in a research report on Wednesday, August 21st. Robert W. Baird increased their target price on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. boosted their target price on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Finally, Morgan Stanley increased their price objective on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $177.30.

Keysight Technologies Price Performance

NYSE:KEYS opened at $170.28 on Friday. The stock has a 50 day moving average of $156.56 and a two-hundred day moving average of $146.35. Keysight Technologies has a 12 month low of $119.72 and a 12 month high of $171.05. The company has a current ratio of 2.98, a quick ratio of 1.52 and a debt-to-equity ratio of 0.35. The firm has a market cap of $29.55 billion, a P/E ratio of 48.65, a price-to-earnings-growth ratio of 2.27 and a beta of 0.98.

Institutional Trading of Keysight Technologies

Institutional investors have recently modified their holdings of the business. State Street Corp lifted its holdings in Keysight Technologies by 2.5% in the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after acquiring an additional 194,294 shares during the period. Swedbank AB raised its position in 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 acquiring an additional 292,372 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Keysight Technologies by 7.9% in the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after purchasing an additional 323,235 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Keysight Technologies by 352.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock valued at $494,299,000 after purchasing an additional 2,462,543 shares during the last quarter. Finally, Van ECK Associates Corp grew its position in shares of Keysight Technologies by 6.1% in the second quarter. Van ECK Associates Corp now owns 1,378,723 shares of the scientific and technical instruments company’s stock valued at $188,540,000 after purchasing an additional 79,774 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

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.