Koninklijke Philips NV (AMS:PHIA) has been given a €37.00 ($43.53) target price by J P Morgan Chase & Co in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock.

Other equities research analysts have also recently issued reports about the company. Deutsche Bank AG set a €34.00 ($40.00) price objective on Koninklijke Philips NV and gave the stock a “neutral” rating in a research note on Tuesday, July 25th. Barclays PLC set a €29.00 ($34.12) price objective on Koninklijke Philips NV and gave the stock a “neutral” rating in a research note on Tuesday, July 25th. Citigroup Inc. set a €36.00 ($42.35) price objective on Koninklijke Philips NV and gave the stock a “buy” rating in a research note on Thursday, June 22nd. UBS AG set a €36.00 ($42.35) price objective on Koninklijke Philips NV and gave the stock a “buy” rating in a research note on Monday, July 24th. Finally, Morgan Stanley set a €27.50 ($32.35) price objective on Koninklijke Philips NV and gave the stock a “neutral” rating in a research note on Wednesday, July 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of €34.08 ($40.09).

Koninklijke Philips NV (AMS PHIA) opened at 34.635 on Thursday. The company has a market capitalization of €32.45 billion and a P/E ratio of 22.032. The stock’s 50 day moving average price is €33.87 and its 200 day moving average price is €32.17. Koninklijke Philips NV has a one year low of €25.70 and a one year high of €35.97.

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Koninklijke Philips NV 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 NV (AMS:PHIA)

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