Goldman Sachs Group set a €41.50 ($48.26) price target on Koninklijke Philips (AMS:PHIA) in a research note issued to investors on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
PHIA has been the subject of several other reports. Berenberg Bank set a €48.00 ($55.81) price objective on shares of Koninklijke Philips and gave the company a buy rating in a research note on Thursday, July 25th. HSBC set a €46.00 ($53.49) price objective on shares of Koninklijke Philips and gave the company a buy rating in a research report on Friday, July 26th. Credit Suisse Group set a €42.00 ($48.84) target price on Koninklijke Philips and gave the stock a neutral rating in a research report on Tuesday, July 23rd. UBS Group set a €45.00 ($52.33) price target on shares of Koninklijke Philips and gave the stock a buy rating in a research note on Tuesday, July 23rd. Finally, JPMorgan Chase & Co. set a €41.80 ($48.60) price objective on Koninklijke Philips and gave the company a neutral rating in a research note on Tuesday, July 23rd. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of €42.40 ($49.30).
Koninklijke Philips has a 1 year low of €28.92 ($33.63) and a 1 year high of €36.12 ($42.00).
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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