Shares of Koninklijke Philips NV (AMS:PHIA) have been assigned an average rating of “Buy” from the sixteen analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is €35.44 ($43.75).
Several brokerages have recently commented on PHIA. Goldman Sachs Group set a €39.00 ($48.15) target price on shares of Koninklijke Philips and gave the company a “buy” rating in a research note on Monday, February 12th. JPMorgan Chase & Co. set a €35.60 ($43.95) price target on shares of Koninklijke Philips and gave the stock a “neutral” rating in a research report on Monday, February 12th. Berenberg Bank set a €36.00 ($44.44) price target on shares of Koninklijke Philips and gave the stock a “buy” rating in a research report on Monday, February 12th. Morgan Stanley set a €31.10 ($38.40) price target on shares of Koninklijke Philips and gave the stock a “neutral” rating in a research report on Monday, February 5th. Finally, S&P Global set a €36.00 ($44.44) price target on shares of Koninklijke Philips and gave the stock a “buy” rating in a research report on Wednesday, January 31st.
Koninklijke Philips (AMS:PHIA) opened at €31.07 ($38.36) on Wednesday. Koninklijke Philips has a 1 year low of €28.42 ($35.09) and a 1 year high of €36.12 ($44.59). The firm has a market capitalization of $29,230.00 and a price-to-earnings ratio of 36.13.
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Koninklijke Philips Company Profile
Koninklijke Philips N.V. is the Netherlands-based health technology company. The Company’s segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, HealthTech Other and Legacy Items. The Personal Health businesses segment is engaged in the health continuum, delivering integrated, connected solutions that support healthier lifestyles and those living with chronic disease.
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