Koninklijke Philips NV (PHIA) PT Set at €29.00 by Morgan Stanley
Koninklijke Philips NV (AMS:PHIA) has been assigned a €29.00 ($34.12) price target by Morgan Stanley in a research report issued on Thursday. The brokerage currently has a “neutral” rating on the stock.
PHIA has been the topic of several other research reports. Goldman Sachs Group, Inc. (The) set a €39.00 ($45.88) price objective on Koninklijke Philips NV and gave the stock a “buy” rating in a report on Wednesday, September 6th. Jefferies Group LLC set a €25.00 ($29.41) price objective on Koninklijke Philips NV and gave the stock a “sell” rating in a report on Thursday, July 27th. Kepler Capital Markets set a €35.00 ($41.18) price objective on Koninklijke Philips NV and gave the stock a “buy” rating in a report on Tuesday, August 22nd. Citigroup Inc. set a €36.00 ($42.35) price objective on Koninklijke Philips NV and gave the stock a “buy” rating in a report on Thursday, June 29th. Finally, J P Morgan Chase & Co set a €38.00 ($44.71) price objective on Koninklijke Philips NV and gave the stock a “buy” rating in a report on Tuesday, July 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of €34.08 ($40.09).
Koninklijke Philips NV (AMS PHIA) traded down 1.41% on Thursday, reaching €35.28. The company’s stock had a trading volume of 3,298,450 shares. Koninklijke Philips NV has a 52 week low of €25.70 and a 52 week high of €35.97. The company has a 50 day moving average of €33.48 and a 200 day moving average of €31.99. The firm has a market capitalization of €33.06 billion and a price-to-earnings ratio of 22.44.
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About Koninklijke Philips NV
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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