Koninklijke Philips (PHIA) Given a €40.00 Price Target at Commerzbank
Koninklijke Philips (AMS:PHIA) received a €40.00 ($47.62) price objective from research analysts at Commerzbank in a research report issued on Thursday. The firm currently has a “buy” rating on the stock. Commerzbank’s price objective suggests a potential upside of 22.70% from the stock’s current price.
PHIA has been the topic of several other research reports. set a €39.00 ($46.43) price objective on Koninklijke Philips and gave the stock a “buy” rating in a report on Wednesday, November 8th. Goldman Sachs Group set a €39.00 ($46.43) price objective on Koninklijke Philips and gave the stock a “buy” rating in a report on Wednesday, September 6th. J P Morgan Chase & Co set a €36.80 ($43.81) price objective on Koninklijke Philips and gave the stock a “neutral” rating in a report on Friday, November 10th. Kepler Capital Markets set a €35.00 ($41.67) price objective on Koninklijke Philips and gave the stock a “buy” rating in a report on Tuesday, August 22nd. Finally, Deutsche Bank set a €34.00 ($40.48) price target on Koninklijke Philips and gave the company a “neutral” rating in a report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of €34.90 ($41.55).
Koninklijke Philips (AMS:PHIA) traded down €0.28 ($0.33) on Thursday, hitting €32.60 ($38.81). The stock had a trading volume of 2,130,000 shares, compared to its average volume of 2,740,000. Koninklijke Philips has a 1 year low of €26.54 ($31.60) and a 1 year high of €36.12 ($43.00).
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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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