Keysight Technologies (NYSE:KEYS) Downgraded to Hold Rating by StockNews.com

StockNews.com cut shares of Keysight Technologies (NYSE:KEYS) from a buy rating to a hold rating in a research note released on Saturday.

KEYS has been the topic of several other reports. Susquehanna reissued a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. Bank of America raised their price target on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Robert W. Baird lifted their target price on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Finally, Morgan Stanley boosted 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. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and an average price target of $177.30.

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $171.90 on Friday. The stock has a market cap of $29.83 billion, a P/E ratio of 49.12, a P/E/G ratio of 2.27 and a beta of 0.98. Keysight Technologies has a twelve month low of $119.72 and a twelve month high of $175.39. The stock has a 50 day moving average of $157.00 and a two-hundred day moving average of $146.49. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Institutional Trading of Keysight Technologies

Several large investors have recently modified their holdings of the business. Meeder Asset Management Inc. acquired a new position in shares of Keysight Technologies in the second quarter valued at approximately $27,000. Truvestments Capital LLC acquired a new position in Keysight Technologies in the 3rd quarter valued at $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies during the 3rd quarter worth $29,000. Family Firm Inc. purchased a new position in shares of Keysight Technologies during the 2nd quarter worth $30,000. Finally, American National Bank & Trust acquired a new stake in shares of Keysight Technologies during the third quarter worth $31,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

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.