Keysight Technologies Inc (KEYS) Rating Increased to Buy at Deutsche Bank AG
Keysight Technologies Inc (NASDAQ:KEYS) was upgraded by research analysts at Deutsche Bank AG from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday. The brokerage presently has a $33.00 price objective on the stock. Deutsche Bank AG’s price objective points to a potential upside of 7.63% from the stock’s current price.
A number of other research analysts have also commented on the stock. Zacks Investment Research lowered shares of Keysight Technologies from a “hold” rating to a “sell” rating in a research report on Friday, August 19th. Robert W. Baird cut their price objective on shares of Keysight Technologies from $29.00 to $28.00 and set a “neutral” rating for the company in a research report on Thursday, August 18th.
Shares of Keysight Technologies (NASDAQ:KEYS) opened at 30.66 on Monday. The company has a market cap of $5.21 billion and a PE ratio of 10.14. The stock’s 50 day moving average price is $29.75 and its 200-day moving average price is $28.63. Keysight Technologies has a 12-month low of $21.07 and a 12-month high of $33.48.
Keysight Technologies (NASDAQ:KEYS) last announced its quarterly earnings data on Wednesday, August 17th. The company reported $0.63 EPS for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.03. The company had revenue of $718 million for the quarter, compared to analyst estimates of $718.12 million. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.55 EPS. On average, equities research analysts forecast that Keysight Technologies will post $2.43 earnings per share for the current year.
Keysight Technologies Company Profile
Keysight Technologies, Inc (Keysight) is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic measurement 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.
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