Signify NV (LIGHT) Receives Consensus Recommendation of “Hold” from Analysts

Signify NV (AMS:LIGHT) has received an average recommendation of “Hold” from the ten ratings firms that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is €24.11 ($28.04).

A number of equities analysts have weighed in on the company. Kepler Capital Markets set a €24.00 ($27.91) price target on Signify and gave the stock a “neutral” rating in a research report on Monday, November 19th. Credit Suisse Group set a €19.00 ($22.09) price target on Signify and gave the stock a “sell” rating in a research report on Friday, November 9th. Jefferies Financial Group set a €21.00 ($24.42) price target on Signify and gave the stock a “neutral” rating in a research report on Tuesday, November 6th. Goldman Sachs Group set a €30.00 ($34.88) price target on Signify and gave the stock a “buy” rating in a research report on Thursday, November 1st. Finally, UBS Group set a €25.00 ($29.07) price target on Signify and gave the stock a “neutral” rating in a research report on Friday, October 26th.

Signify has a 12-month low of €25.50 ($29.65) and a 12-month high of €36.06 ($41.93).

Signify Company Profile

Philips Lighting NV is a company based in the Netherlands that provides lamps and lighting solutions. Its product portfolio includes, among others, incandescent lamps, halogen lamps, fluorescent lamps, linear fluorescent lamps (LFL), compact fluorescent lamps (CFL), high-intensity discharge lamps (HID) and light-emitting diodes (LED), as well as electronic components, such as electronic ballasts and drivers.

Featured Article: How does the Federal Reserve determine interest rates?

Analyst Recommendations for Signify (AMS:LIGHT)

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


Leave a Reply