Koninklijke Philips NV (AMS:PHIA) has been assigned a €35.00 ($38.89) price objective by investment analysts at J P Morgan Chase & Co in a research note issued on Monday. The brokerage currently has a “buy” rating on the stock.

Several other analysts also recently weighed in on the company. Kepler Capital Markets set a €36.00 ($40.00) price objective on Koninklijke Philips NV and gave the company a “buy” rating in a research report on Friday, June 2nd. Morgan Stanley set a €27.50 ($30.56) price objective on Koninklijke Philips NV and gave the company a “neutral” rating in a research report on Tuesday, May 23rd.

Shares of Koninklijke Philips NV (AMS:PHIA) traded up 6.448% on Monday, reaching €33.925. 6,927,004 shares of the company were exchanged. The stock’s 50-day moving average is €31.99 and its 200 day moving average is €29.49. The firm has a market capitalization of €31.22 billion and a PE ratio of 19.123. Koninklijke Philips NV has a 12-month low of €20.90 and a 12-month high of €34.02.

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Koninklijke Philips NV Company Profile

Koninklijke Philips N.V. is a health technology company. The Company’s segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, and Lighting. The Company’s 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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