Koninklijke Philips (PHIA) PT Set at €34.00 by Deutsche Bank

Koninklijke Philips (AMS:PHIA) received a €34.00 ($40.48) target price from investment analysts at Deutsche Bank in a research report issued to clients and investors on Monday. The brokerage currently has a “neutral” rating on the stock. Deutsche Bank’s target price points to a potential upside of 2.04% from the stock’s previous close.

A number of other research analysts have also recently issued reports on PHIA. set a €39.00 ($46.43) price objective on shares of Koninklijke Philips and gave the company a “buy” rating in a report on Friday, September 29th. Berenberg Bank set a €34.00 ($40.48) price target on shares of Koninklijke Philips and gave the company a “neutral” rating in a research report on Thursday, October 5th. Morgan Stanley set a €29.00 ($34.52) price target on shares of Koninklijke Philips and gave the company a “neutral” rating in a research report on Thursday, October 5th. Goldman Sachs Group set a €39.00 ($46.43) price target on shares of Koninklijke Philips and gave the company a “buy” rating in a research report on Thursday, October 12th. Finally, JPMorgan Chase & Co. set a €37.00 ($44.05) price target on shares of Koninklijke Philips and gave the company a “buy” rating in a research report on Thursday, October 12th. One analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of €35.16 ($41.85).

Koninklijke Philips (AMS PHIA) opened at €33.22 ($39.55) on Monday. The firm has a market cap of $31,250.00 and a P/E ratio of 34.25. Koninklijke Philips has a 1 year low of €26.54 ($31.60) and a 1 year high of €36.12 ($43.00).

COPYRIGHT VIOLATION WARNING: “Koninklijke Philips (PHIA) PT Set at €34.00 by Deutsche Bank” was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another site, it was copied illegally and reposted in violation of United States & international trademark and copyright law. The correct version of this article can be read at https://www.americanbankingnews.com/2018/01/22/koninklijke-philips-phia-pt-set-at-34-00-by-deutsche-bank.html.

About Koninklijke Philips

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 (AMS:PHIA)

Receive News & Ratings for Koninklijke Philips Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koninklijke Philips and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply