Sanford C. Bernstein set a €52.00 ($61.18) price objective on Koninklijke Philips (AMS:PHIA) in a research report released on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other analysts have also recently issued reports on PHIA. Credit Suisse Group set a €41.00 ($48.24) price objective on Koninklijke Philips and gave the stock 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 report on Monday, July 20th. Kepler Capital Markets set a €44.00 ($51.76) price objective on Koninklijke Philips and gave the stock a neutral rating in a report on Monday, July 20th. Barclays set a €51.00 ($60.00) price objective on Koninklijke Philips and gave the stock a buy rating in a report on Wednesday, September 23rd. Finally, JPMorgan Chase & Co. set a €38.60 ($45.41) price target on Koninklijke Philips and gave the company a neutral rating in a report on Monday, October 12th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of €46.61 ($54.84).
Koninklijke Philips has a 1-year low of €28.92 ($34.02) and a 1-year high of €36.12 ($42.49).
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.
Featured Article: What is the Consumer Price Index (CPI)?
Receive News & Ratings for Koninklijke Philips Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koninklijke Philips and related companies with MarketBeat.com's FREE daily email newsletter.