Koninklijke Philips (AMS:PHIA) received a €47.00 ($55.29) price target from Goldman Sachs Group in a report issued on Wednesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock.
A number of other research firms also recently weighed in on PHIA. Sanford C. Bernstein set a €52.00 ($61.18) target price on Koninklijke Philips and gave the company a “buy” rating in a report on Thursday, July 30th. Credit Suisse Group set a €41.00 ($48.24) target price on Koninklijke Philips and gave the company a “neutral” rating in a report on Tuesday, August 25th. Berenberg Bank set a €46.00 ($54.12) price objective on Koninklijke Philips and gave the stock a “buy” rating in a research note on Monday, July 20th. Barclays set a €52.00 ($61.18) price objective on Koninklijke Philips and gave the stock a “buy” rating in a research note on Monday, June 22nd. Finally, JPMorgan Chase & Co. set a €39.50 ($46.47) price objective on Koninklijke Philips and gave the stock a “neutral” rating in a research note on Wednesday, August 12th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of €46.50 ($54.71).
Koninklijke Philips has a twelve month low of €28.92 ($34.02) and a twelve month high of €36.12 ($42.49).
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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