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.
WARNING: This piece was originally reported by Stock Observer and is the sole property of of Stock Observer. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.thestockobserver.com/2017/09/13/koninklijke-philips-nv-phia-given-a-39-00-price-target-by-goldman-sachs-group-inc-the-analysts.html.
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.
Receive News & Ratings for Koninklijke Philips NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koninklijke Philips NV and related companies with MarketBeat.com's FREE daily email newsletter.