Koninklijke Philips NV (AMS:PHIA) has been assigned a consensus recommendation of “Hold” from the sixteen analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is €35.31 ($43.60).

A number of research analysts have recently weighed in on PHIA shares. BNP Paribas set a €34.00 ($41.98) price target on Koninklijke Philips and gave the company a “neutral” rating in a report on Monday, October 16th. JPMorgan Chase & Co. set a €37.00 ($45.68) price target on Koninklijke Philips and gave the company a “buy” rating in a report on Monday, October 23rd. Barclays set a €29.00 ($35.80) price target on Koninklijke Philips and gave the company a “neutral” rating in a report on Monday, October 23rd. Berenberg Bank set a €34.00 ($41.98) price target on Koninklijke Philips and gave the company a “neutral” rating in a report on Monday, October 23rd. Finally, S&P Global set a €36.00 ($44.44) price target on Koninklijke Philips and gave the company a “neutral” rating in a report on Monday, October 23rd.

Koninklijke Philips (PHIA) opened at €29.63 ($36.58) on Friday. Koninklijke Philips has a twelve month low of €26.90 ($33.21) and a twelve month high of €36.12 ($44.59). The firm has a market capitalization of $27,880.00 and a price-to-earnings ratio of 30.55.

COPYRIGHT VIOLATION NOTICE: This report was originally published by Daily Political and is the sole property of of Daily Political. If you are reading this report on another website, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The legal version of this report can be read at https://www.dailypolitical.com/2018/02/10/koninklijke-philips-nv-phia-given-average-recommendation-of-hold-by-brokerages.html.

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.

Analyst Recommendations for Koninklijke Philips (AMS:PHIA)

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