Koninklijke Philips (PHIA) PT Set at €42.00 by UBS Group

Koninklijke Philips (AMS:PHIA) has been assigned a €42.00 ($48.84) price objective by equities research analysts at UBS Group in a research report issued to clients and investors on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price objective would suggest a potential upside of 28.36% from the stock’s previous close.

A number of other brokerages have also weighed in on PHIA. Deutsche Bank set a €43.00 ($50.00) target price on Koninklijke Philips and gave the stock a “buy” rating in a research note on Monday, July 30th. Credit Suisse Group set a €39.00 ($45.35) target price on Koninklijke Philips and gave the stock a “buy” rating in a research note on Monday, July 30th. Morgan Stanley set a €39.00 ($45.35) target price on Koninklijke Philips and gave the stock a “neutral” rating in a research note on Tuesday, July 24th. Kepler Capital Markets set a €36.00 ($41.86) target price on Koninklijke Philips and gave the stock a “neutral” rating in a research note on Monday, July 23rd. Finally, JPMorgan Chase & Co. set a €39.80 ($46.28) target price on Koninklijke Philips and gave the stock a “neutral” rating in a research note on Monday, July 23rd. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of €39.62 ($46.07).

Shares of AMS PHIA opened at €32.72 ($38.05) on Thursday. 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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Analyst Recommendations for Koninklijke Philips (AMS:PHIA)

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