Koninklijke Philips (PHIA) Given a €40.50 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a €40.50 ($47.09) price objective on Koninklijke Philips (AMS:PHIA) in a research note published on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other brokerages have also issued reports on PHIA. JPMorgan Chase & Co. set a €37.00 ($43.02) target price on Koninklijke Philips and gave the stock a neutral rating in a research report on Monday, January 7th. HSBC set a €44.00 ($51.16) price target on Koninklijke Philips and gave the company a buy rating in a research report on Friday, February 1st. Berenberg Bank set a €40.00 ($46.51) price target on Koninklijke Philips and gave the stock a buy rating in a research note on Tuesday, January 29th. UBS Group set a €39.00 ($45.35) price objective on Koninklijke Philips and gave the stock a buy rating in a report on Tuesday, January 29th. Finally, Credit Suisse Group set a €35.00 ($40.70) price objective on Koninklijke Philips and gave the stock a neutral rating in a report on Wednesday, January 30th. Five analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Koninklijke Philips currently has an average rating of Buy and an average price target of €39.89 ($46.38).

Koninklijke Philips has a 12-month low of €28.92 ($33.63) and a 12-month high of €36.12 ($42.00).

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.

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