Koninklijke Philips NV (AMS:PHIA) has been given a €39.00 ($46.43) price objective by investment analysts at Goldman Sachs Group, Inc. (The) in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock.

Several other equities research analysts also recently weighed in on the company. Citigroup Inc. set a €36.00 ($42.86) target price on Koninklijke Philips NV and gave the stock a “buy” rating in a research report on Tuesday, July 11th. Morgan Stanley set a €27.50 ($32.74) target price on Koninklijke Philips NV and gave the stock a “neutral” rating in a research report on Wednesday, July 5th. Deutsche Bank AG set a €34.00 ($40.48) target price on Koninklijke Philips NV and gave the stock a “neutral” rating in a research report on Thursday, June 29th. J P Morgan Chase & Co set a €35.00 ($41.67) target price on Koninklijke Philips NV and gave the stock a “buy” rating in a research report on Thursday, June 29th. Finally, Kepler Capital Markets set a €36.00 ($42.86) price target on Koninklijke Philips NV and gave the stock a “buy” rating in a research note on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of €33.64 ($40.04).

Koninklijke Philips NV (AMS PHIA) traded up 0.83% during trading on Wednesday, reaching €33.40. The company had a trading volume of 3,214,544 shares. The company has a market capitalization of €31.30 billion and a P/E ratio of 21.25. The firm’s 50 day moving average is €32.15 and its 200-day moving average is €31.17. Koninklijke Philips NV has a 12 month low of €25.01 and a 12 month high of €34.33.

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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.

Analyst Recommendations for Koninklijke Philips NV (AMS:PHIA)

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