Koninklijke Philips NV (AMS:PHIA) Given Average Rating of “Buy” by Brokerages

Shares of Koninklijke Philips NV (AMS:PHIA) have been given an average recommendation of “Buy” by the ten analysts that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is €45.38 ($50.99).

Several equities research analysts recently weighed in on PHIA shares. Morgan Stanley set a €45.00 ($50.56) price objective on Koninklijke Philips and gave the stock a “buy” rating in a report on Wednesday, April 22nd. JPMorgan Chase & Co. set a €36.80 ($41.35) price objective on Koninklijke Philips and gave the stock a “neutral” rating in a report on Tuesday, May 12th. Goldman Sachs Group set a €46.00 ($51.69) target price on Koninklijke Philips and gave the stock a “buy” rating in a research report on Friday, June 12th. Credit Suisse Group set a €41.00 ($46.07) target price on Koninklijke Philips and gave the stock a “neutral” rating in a research report on Tuesday, June 9th. Finally, Berenberg Bank set a €46.00 ($51.69) price target on shares of Koninklijke Philips and gave the stock a “buy” rating in a report on Friday, June 12th.

Koninklijke Philips has a 52 week low of €28.92 ($32.49) and a 52 week high of €36.12 ($40.58).

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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Analyst Recommendations for Koninklijke Philips (AMS:PHIA)

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