Keysight Technologies Inc. (NYSE:KEYS) had its price target boosted by equities research analysts at Credit Suisse Group from $45.50 to $49.00 in a report released on Thursday. The brokerage currently has an “outperform” rating on the scientific and technical instruments company’s stock. Credit Suisse Group’s target price points to a potential upside of 20.84% from the stock’s previous close.

Several other equities analysts have also recently commented on KEYS. BidaskClub cut shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 10th. Jefferies Group LLC reaffirmed a “buy” rating and set a $50.00 price objective on shares of Keysight Technologies in a research report on Thursday, June 1st. Robert W. Baird reaffirmed a “buy” rating and set a $47.00 price objective on shares of Keysight Technologies in a research report on Friday, August 25th. Stifel Nicolaus lifted their price objective on shares of Keysight Technologies from $36.00 to $40.00 and gave the stock a “hold” rating in a research report on Wednesday, June 7th. Finally, Barclays PLC began coverage on shares of Keysight Technologies in a research report on Monday, August 7th. They set an “overweight” rating and a $50.00 price objective for the company. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Keysight Technologies has a consensus rating of “Buy” and an average price target of $46.60.

Keysight Technologies (NYSE KEYS) opened at 40.55 on Thursday. Keysight Technologies has a 12 month low of $29.25 and a 12 month high of $43.15. The firm has a market capitalization of $7.52 billion, a P/E ratio of 20.60 and a beta of 1.15. The stock’s 50 day moving average price is $41.36 and its 200-day moving average price is $38.80.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.07. Keysight Technologies had a net margin of 7.58% and a return on equity of 20.85%. The company had revenue of $832 million during the quarter, compared to analysts’ expectations of $862.38 million. During the same quarter last year, the company posted $0.63 EPS. The firm’s revenue was up 16.4% compared to the same quarter last year. Equities analysts forecast that Keysight Technologies will post $2.47 earnings per share for the current year.

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In related news, SVP Ingrid A. Estrada sold 18,130 shares of Keysight Technologies stock in a transaction on Friday, June 9th. The shares were sold at an average price of $37.26, for a total transaction of $675,523.80. Following the sale, the senior vice president now directly owns 61,140 shares in the company, valued at approximately $2,278,076.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Charles J. Dockendorff purchased 13,210 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The shares were bought at an average price of $37.81 per share, for a total transaction of $499,470.10. Following the completion of the purchase, the director now directly owns 51,800 shares in the company, valued at $1,958,558. The disclosure for this purchase can be found here. Insiders have sold a total of 434,260 shares of company stock worth $16,664,903 over the last quarter. 1.23% of the stock is owned by company insiders.

Large investors have recently made changes to their positions in the company. Creative Planning raised its stake in shares of Keysight Technologies by 1.2% in the second quarter. Creative Planning now owns 5,450 shares of the scientific and technical instruments company’s stock valued at $212,000 after buying an additional 63 shares in the last quarter. Cadence Capital Management LLC raised its stake in shares of Keysight Technologies by 1.1% in the second quarter. Cadence Capital Management LLC now owns 6,167 shares of the scientific and technical instruments company’s stock valued at $240,000 after buying an additional 66 shares in the last quarter. San Francisco Sentry Investment Group CA raised its stake in shares of Keysight Technologies by 1.7% in the first quarter. San Francisco Sentry Investment Group CA now owns 5,869 shares of the scientific and technical instruments company’s stock valued at $212,000 after buying an additional 100 shares in the last quarter. Utah Retirement Systems raised its stake in shares of Keysight Technologies by 0.3% in the first quarter. Utah Retirement Systems now owns 31,269 shares of the scientific and technical instruments company’s stock valued at $1,131,000 after buying an additional 100 shares in the last quarter. Finally, Bank of Montreal Can raised its stake in shares of Keysight Technologies by 2.5% in the second quarter. Bank of Montreal Can now owns 8,977 shares of the scientific and technical instruments company’s stock valued at $349,000 after buying an additional 217 shares in the last quarter. Hedge funds and other institutional investors own 88.07% of the company’s stock.

Keysight Technologies Company Profile

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

Analyst Recommendations for Keysight Technologies (NYSE:KEYS)

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