Koninklijke Philips (PHIA) PT Set at €40.00 by JPMorgan Chase & Co.

Koninklijke Philips (AMS:PHIA) has been given a €40.00 ($46.51) price target by equities researchers at JPMorgan Chase & Co. in a report released on Thursday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 22.25% from the company’s previous close.

Several other equities research analysts also recently weighed in on the company. BNP Paribas set a €45.00 ($52.33) price target on Koninklijke Philips and gave the stock a “buy” rating in a research report on Monday, September 17th. Deutsche Bank set a €43.00 ($50.00) price target on Koninklijke Philips and gave the stock a “buy” rating in a research report on Monday, July 30th. Kepler Capital Markets set a €36.00 ($41.86) price target on Koninklijke Philips and gave the stock a “neutral” rating in a research report on Monday, July 23rd. Commerzbank set a €39.00 ($45.35) price target on Koninklijke Philips and gave the stock a “buy” rating in a research report on Monday, July 23rd. Finally, UBS Group set a €42.00 ($48.84) price target on Koninklijke Philips and gave the stock a “buy” rating in a research report on Thursday, August 30th. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Koninklijke Philips currently has an average rating of “Buy” and an average price target of €40.41 ($46.98).

Shares of PHIA opened at €32.72 ($38.05) on Thursday. Koninklijke Philips has a fifty-two week low of €28.92 ($33.63) and a fifty-two week high of €36.12 ($42.00).

About Koninklijke Philips

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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Analyst Recommendations for Koninklijke Philips (AMS:PHIA)

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