Koninklijke Philips (AMS:PHIA) Given a €47.00 Price Target by Deutsche Bank Analysts

Koninklijke Philips (AMS:PHIA) has been given a €47.00 ($52.81) target price by Deutsche Bank in a note issued to investors on Monday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock.

Other equities analysts also recently issued research reports about the stock. Credit Suisse Group set a €41.00 ($46.07) price objective on shares of Koninklijke Philips and gave the company a “neutral” rating in a report on Tuesday, June 9th. Morgan Stanley set a €45.00 ($50.56) price objective on shares of Koninklijke Philips and gave the company a “buy” rating in a report on Wednesday, April 22nd. Berenberg Bank set a €46.00 ($51.69) price objective on shares of Koninklijke Philips and gave the company a “buy” rating in a report on Friday, June 12th. UBS Group set a €48.00 ($53.93) price objective on shares of Koninklijke Philips and gave the company a “buy” rating in a report on Monday, April 20th. Finally, Sanford C. Bernstein set a €48.00 ($53.93) price objective on shares of Koninklijke Philips and gave the company a “buy” rating in a report on Wednesday, May 13th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Koninklijke Philips currently has a consensus rating of “Buy” and an average price target of €45.38 ($50.99).

Koninklijke Philips has a 1 year low of €28.92 ($32.49) and a 1 year high of €36.12 ($40.58).

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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