Goldman Sachs Group set a €40.50 ($47.09) target price on Koninklijke Philips (AMS:PHIA) in a research report released on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages have also weighed in on PHIA. Berenberg Bank set a €40.00 ($46.51) price target on shares of Koninklijke Philips and gave the company a buy rating in a research note on Monday, April 29th. UBS Group set a €39.00 ($45.35) price objective on shares of Koninklijke Philips and gave the company a buy rating in a report on Monday, April 29th. Deutsche Bank set a €45.00 ($52.33) target price on shares of Koninklijke Philips and gave the company a buy rating in a research report on Tuesday, April 30th. Finally, JPMorgan Chase & Co. set a €38.40 ($44.65) target price on shares of Koninklijke Philips and gave the company a neutral rating in a research report on Wednesday, April 3rd. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company has a consensus rating of Buy and an average target price of €40.21 ($46.75).
Koninklijke Philips has a 1 year low of €28.92 ($33.63) and a 1 year high of €36.12 ($42.00).
Koninklijke Philips Company Profile
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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