Keysight Technologies Inc. (NYSE:KEYS)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Group LLC in a research note issued on Friday. They presently have a $52.00 price target on the scientific and technical instruments company’s stock. Jefferies Group LLC’s price objective would indicate a potential upside of 21.33% from the company’s previous close.

Several other equities analysts also recently weighed in on KEYS. TheStreet raised Keysight Technologies from a “c” rating to a “b-” rating in a research report on Tuesday. BidaskClub raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, October 13th. Barclays PLC assumed coverage on Keysight Technologies in a research report on Monday, August 7th. They set an “overweight” rating and a $50.00 price target for the company. Robert W. Baird reissued a “buy” rating and set a $48.00 price target on shares of Keysight Technologies in a research report on Friday, October 6th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $40.00 price target on shares of Keysight Technologies in a research report on Friday, September 1st. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $47.33.

Shares of Keysight Technologies (NYSE:KEYS) traded up 0.26% during mid-day trading on Friday, reaching $42.86. The company’s stock had a trading volume of 436,917 shares. The firm has a market capitalization of $7.97 billion, a P/E ratio of 32.69 and a beta of 1.15. The company’s 50-day moving average is $41.37 and its 200 day moving average is $39.70. Keysight Technologies has a 1-year low of $31.81 and a 1-year high of $43.19.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.07. The company had revenue of $832.00 million during the quarter, compared to the consensus estimate of $862.38 million. Keysight Technologies had a return on equity of 20.85% and a net margin of 7.58%. Keysight Technologies’s revenue was up 16.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.63 earnings per share. On average, analysts expect that Keysight Technologies will post $2.47 earnings per share for the current year.

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In other news, insider Ronald S. Nersesian sold 58,931 shares of Keysight Technologies stock in a transaction on Monday, October 9th. The stock was sold at an average price of $41.64, for a total value of $2,453,886.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP John C. Skinner sold 15,058 shares of Keysight Technologies stock in a transaction on Friday, September 1st. The shares were sold at an average price of $40.79, for a total value of $614,215.82. The disclosure for this sale can be found here. 1.23% of the stock is owned by insiders.

Large investors have recently made changes to their positions in the company. Eagle Asset Management Inc. purchased a new stake in Keysight Technologies during the second quarter valued at about $27,072,000. Morgan Stanley grew its position in Keysight Technologies by 101.4% during the first quarter. Morgan Stanley now owns 1,077,679 shares of the scientific and technical instruments company’s stock valued at $38,949,000 after acquiring an additional 542,528 shares during the period. Denali Advisors LLC grew its position in Keysight Technologies by 9.7% during the second quarter. Denali Advisors LLC now owns 97,500 shares of the scientific and technical instruments company’s stock valued at $3,796,000 after acquiring an additional 8,600 shares during the period. Wells Fargo & Company MN grew its position in Keysight Technologies by 327.0% during the second quarter. Wells Fargo & Company MN now owns 533,505 shares of the scientific and technical instruments company’s stock valued at $20,769,000 after acquiring an additional 408,576 shares during the period. Finally, Legal & General Group Plc grew its position in Keysight Technologies by 5.5% during the second quarter. Legal & General Group Plc now owns 759,042 shares of the scientific and technical instruments company’s stock valued at $29,549,000 after acquiring an additional 39,617 shares during the period. 88.07% of the stock is owned by institutional investors and hedge funds.

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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