UBS set a €38.00 ($46.91) price objective on Koninklijke Philips (AMS:PHIA) in a research report sent to investors on Friday, March 16th, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
PHIA has been the topic of several other reports. Goldman Sachs set a €39.00 ($48.15) price objective on Koninklijke Philips and gave the stock a buy rating in a report on Tuesday, January 30th. JPMorgan Chase set a €35.60 ($43.95) price target on Koninklijke Philips and gave the company a neutral rating in a report on Thursday, February 1st. Deutsche Bank set a €31.30 ($38.64) price target on Koninklijke Philips and gave the company a neutral rating in a report on Wednesday, January 31st. Bank of America set a €39.00 ($48.15) price target on Koninklijke Philips and gave the company a buy rating in a report on Tuesday, January 9th. Finally, Morgan Stanley set a €31.10 ($38.40) price target on Koninklijke Philips and gave the company a neutral rating in a report on Monday, February 5th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of €35.38 ($43.67).
Shares of AMS:PHIA traded up €0.97 ($1.20) during mid-day trading on Friday, hitting €32.72 ($40.40). 4,210,000 shares of the company traded hands, compared to its average volume of 3,650,000. Koninklijke Philips has a 52-week low of €28.92 ($35.70) and a 52-week high of €36.12 ($44.59).
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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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