Goldman Sachs Group set a €28.00 ($32.56) price objective on Signify (AMS:LIGHT) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other equities research analysts also recently issued reports on the company. Jefferies Financial Group dropped their price objective on Seres Therapeutics from $6.00 to $4.00 and set a hold rating on the stock in a report on Monday, July 1st. JPMorgan Chase & Co. initiated coverage on Pinduoduo in a report on Tuesday, July 9th. They set an underweight rating and a $20.48 price objective on the stock. Societe Generale set a €33.50 ($38.95) price objective on Duerr and gave the stock a neutral rating in a report on Friday, June 28th. Finally, UBS Group restated a hold rating and set a $7.80 price objective on shares of Deutsche Bank in a report on Friday, April 26th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of €24.20 ($28.14).
Signify has a twelve month low of €25.50 ($29.65) and a twelve month high of €36.06 ($41.93).
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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