Koninklijke Philips (AMS:PHIA) PT Set at €48.00 by Berenberg Bank

Koninklijke Philips (AMS:PHIA) has been given a €48.00 ($55.81) price target by investment analysts at Berenberg Bank in a research note issued on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock.

PHIA has been the subject of a number of other reports. Deutsche Bank set a €49.00 ($56.98) target price on shares of Koninklijke Philips and gave the stock a “buy” rating in a research note on Tuesday, September 24th. Goldman Sachs Group set a €52.00 ($60.47) target price on shares of Koninklijke Philips and gave the stock a “buy” rating in a research note on Thursday. HSBC set a €46.00 ($53.49) target price on shares of Koninklijke Philips and gave the stock a “buy” rating in a research note on Friday, July 26th. UBS Group set a €45.00 ($52.33) target price on shares of Koninklijke Philips and gave the stock a “buy” rating in a research note on Tuesday, July 23rd. Finally, Credit Suisse Group set a €42.00 ($48.84) target price on shares of Koninklijke Philips and gave the stock a “neutral” rating in a research note on Tuesday, July 23rd. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of €43.88 ($51.03).

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

Featured Story: What is the Quick Ratio?

Analyst Recommendations for Koninklijke Philips (AMS:PHIA)

Receive News & Ratings for Koninklijke Philips Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koninklijke Philips and related companies with MarketBeat.com's FREE daily email newsletter.