Koninklijke Philips (AMS:PHIA) has been assigned a €51.00 ($60.00) price objective by equities research analysts at Barclays in a note issued to investors on Wednesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock.
PHIA has been the subject of a number of other research reports. Berenberg Bank set a €46.00 ($54.12) target price on shares of Koninklijke Philips and gave the stock a “buy” rating in a research report on Monday, July 20th. Sanford C. Bernstein set a €52.00 ($61.18) target price on shares of Koninklijke Philips and gave the company a “buy” rating in a research note on Thursday, July 30th. Deutsche Bank set a €54.00 ($63.53) price target on Koninklijke Philips and gave the company a “buy” rating in a research report on Tuesday, September 1st. Kepler Capital Markets set a €44.00 ($51.76) price target on Koninklijke Philips and gave the stock a “neutral” rating in a research report on Monday, July 20th. Finally, Credit Suisse Group set a €41.00 ($48.24) price target on Koninklijke Philips and gave the stock a “neutral” rating in a report on Tuesday, August 25th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of €46.33 ($54.50).
Koninklijke Philips has a 52-week low of €28.92 ($34.02) and a 52-week high of €36.12 ($42.49).
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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