Koninklijke Philips NV (PHIA) PT Set at €35.00 by BNP Paribas
Koninklijke Philips NV (AMS:PHIA) received a €35.00 ($41.18) price target from analysts at BNP Paribas in a note issued to investors on Tuesday. The brokerage currently has a “neutral” rating on the stock.
PHIA has been the topic of a number of other reports. Goldman Sachs Group, Inc. (The) set a €39.00 ($45.88) target price on Koninklijke Philips NV and gave the stock a “buy” rating in a research report on Monday, August 14th. Berenberg Bank set a €34.00 ($40.00) target price on Koninklijke Philips NV and gave the stock a “neutral” rating in a research report on Monday. Morgan Stanley set a €29.00 ($34.12) target price on Koninklijke Philips NV and gave the stock a “neutral” rating in a research report on Thursday, October 5th. J P Morgan Chase & Co set a €38.00 ($44.71) target price on Koninklijke Philips NV and gave the stock a “buy” rating in a research report on Tuesday, July 25th. Finally, HSBC Holdings plc set a €39.00 ($45.88) target price on Koninklijke Philips NV and gave the stock a “buy” rating in a research report on Friday, September 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €34.41 ($40.48).
Shares of Koninklijke Philips NV (PHIA) traded down 4.86% during midday trading on Tuesday, reaching €34.07. The company’s stock had a trading volume of 6,921,069 shares. Koninklijke Philips NV has a 52 week low of €26.28 and a 52 week high of €36.12. The firm’s 50 day moving average is €34.58 and its 200 day moving average is €32.45. The firm has a market capitalization of €31.93 billion and a price-to-earnings ratio of 21.67.
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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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