Morgan Stanley set a €36.00 ($44.44) price objective on Koninklijke Philips (AMS:PHIA) in a report released on Monday morning. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts also recently weighed in on the stock. JPMorgan Chase set a €36.80 ($45.43) price objective on shares of Koninklijke Philips and gave the stock a neutral rating in a report on Wednesday, January 10th. S&P Global set a €36.00 ($44.44) price objective on shares of Koninklijke Philips and gave the stock a buy rating in a report on Wednesday, January 31st. Goldman Sachs set a €39.00 ($48.15) price objective on shares of Koninklijke Philips and gave the stock a buy rating in a report on Monday, February 12th. UBS set a €38.00 ($46.91) price objective on shares of Koninklijke Philips and gave the stock a buy rating in a report on Friday, March 16th. Finally, Credit Suisse Group set a €37.00 ($45.68) price objective on shares of Koninklijke Philips and gave the stock a buy rating in a report on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. Koninklijke Philips currently has an average rating of Buy and a consensus target price of €36.04 ($44.49).
PHIA stock opened at €32.72 ($40.40) on Monday. Koninklijke Philips has a fifty-two week low of €28.92 ($35.70) and a fifty-two week high of €36.12 ($44.59).
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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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