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Koninklijke Philips Electronics (NYSE:PHG) set a new 52-week high during trading hours on Monday, AnalystRatings.NET reports. The company traded as high as $37.07 and last traded at $37.01, with a volume of 351,060 shares. The stock had previously closed at $36.54.

A number of analysts have recently weighed in on PHG shares. Analysts at Kepler Capital Markets downgraded shares of Koninklijke Philips Electronics from a “buy” rating to a “hold” rating in a research note to investors on Monday, October 28th. Separately, analysts at UBS AG raised their price target on shares of Koninklijke Philips Electronics from $25.00 to $28.50 in a research note to investors on Tuesday, October 22nd. They now have a “buy” rating on the stock. Finally, analysts at Societe Generale raised their price target on shares of Koninklijke Philips Electronics from $23.50 to $26.00 in a research note to investors on Tuesday, October 22nd. They now have a “hold” rating on the stock. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $28.27.

Koninklijke Philips Electronics has a one year low of $26.51 and a one year high of $37.07. The stock’s 50-day moving average is $35.54 and its 200-day moving average is $32.95. The company has a market cap of $33.767 billion and a price-to-earnings ratio of 43.14.

Koninklijke Philips Electronics (NYSE:PHG) last released its earnings data on Monday, October 21st. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.02. The company had revenue of $5.62 billion for the quarter, compared to the consensus estimate of $5.77 billion. During the same quarter in the previous year, the company posted $0.18 earnings per share. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. On average, analysts predict that Koninklijke Philips Electronics will post $1.80 earnings per share for the current fiscal year.

Koninklijke Philips Electronics N.V. (NYSE:PHG) is the parent company of the Philips Group (Philips).

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