Signify (AMS:LIGHT) Earns “Sell” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their sell rating on shares of Signify (AMS:LIGHT) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports.

Several other equities analysts have also recently issued reports on the company. UBS Group reaffirmed a hold rating and issued a $7.80 price objective on shares of Deutsche Bank in a research report on Friday, April 26th. Societe Generale set a €33.50 ($38.95) target price on Duerr and gave the stock a neutral rating in a report on Friday, June 28th. Jefferies Financial Group decreased their target price on Seres Therapeutics from $6.00 to $4.00 and set a hold rating on the stock in a report on Monday, July 1st. Finally, Goldman Sachs Group lowered Anaplan from a buy rating to a neutral rating and set a $53.20 price target for the company. in a research note on Monday, July 1st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of €24.20 ($28.14).

Signify has a 52 week low of €25.50 ($29.65) and a 52 week high of €36.06 ($41.93).

About Signify

Philips Lighting NV is a company based in the Netherlands that provides lamps and lighting solutions. Its product portfolio includes, among others, incandescent lamps, halogen lamps, fluorescent lamps, linear fluorescent lamps (LFL), compact fluorescent lamps (CFL), high-intensity discharge lamps (HID) and light-emitting diodes (LED), as well as electronic components, such as electronic ballasts and drivers.

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Analyst Recommendations for Signify (AMS:LIGHT)

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