Koninklijke Philips NV (PHIA) Given a €39.00 Price Target by Goldman Sachs Group, Inc. (The) Analysts

Goldman Sachs Group, Inc. (The) set a €39.00 ($46.43) price objective on Koninklijke Philips NV (AMS:PHIA) in a research note issued to investors on Tuesday. The firm currently has a buy rating on the stock.

Several other equities analysts have also recently weighed in on PHIA. J P Morgan Chase & Co set a €35.00 ($41.67) price objective on Koninklijke Philips NV and gave the company a buy rating in a report on Saturday, May 20th. Morgan Stanley set a €27.50 ($32.74) price objective on Koninklijke Philips NV and gave the company a neutral rating in a report on Tuesday, May 23rd. Kepler Capital Markets set a €36.00 ($42.86) price objective on Koninklijke Philips NV and gave the company a buy rating in a report on Friday, June 2nd. Deutsche Bank AG set a €34.00 ($40.48) price objective on Koninklijke Philips NV and gave the company a neutral rating in a report on Tuesday, June 20th. Finally, Citigroup Inc. set a €36.00 ($42.86) price objective on Koninklijke Philips NV and gave the company a buy rating in a report on Thursday, June 22nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. Koninklijke Philips NV has an average rating of Buy and an average price target of €33.64 ($40.04).

Koninklijke Philips NV (PHIA) opened at 34.63 on Tuesday. The company has a 50 day moving average price of €32.32 and a 200-day moving average price of €31.30. Koninklijke Philips NV has a 52 week low of €25.23 and a 52 week high of €34.80. The firm has a market capitalization of €32.45 billion and a price-to-earnings ratio of 22.03.

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About Koninklijke Philips NV

Koninklijke Philips N.V. is a health technology company. The Company’s segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, and Lighting. The Company’s Personal Health businesses segment is engaged in the health continuum, delivering integrated, connected solutions that support healthier lifestyles and those living with chronic disease.

Analyst Recommendations for Koninklijke Philips NV (AMS:PHIA)

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