Koninklijke Philips NV (PHIA) Receives Average Recommendation of “Hold” from Brokerages

Koninklijke Philips NV (AMS:PHIA) has received an average recommendation of “Hold” from the sixteen ratings firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is €35.31 ($43.60).

Several brokerages recently commented on PHIA. S&P Global set a €36.00 ($44.44) target price on Koninklijke Philips and gave the company a “neutral” rating in a report on Monday, October 23rd. Barclays set a €33.00 ($40.74) price objective on Koninklijke Philips and gave the stock a “neutral” rating in a report on Wednesday, January 31st. JPMorgan Chase & Co. set a €37.00 ($45.68) price objective on Koninklijke Philips and gave the stock a “buy” rating in a report on Monday, October 23rd. BNP Paribas set a €34.00 ($41.98) price objective on Koninklijke Philips and gave the stock a “neutral” rating in a report on Monday, October 16th. Finally, Kepler Capital Markets set a €36.00 ($44.44) price objective on Koninklijke Philips and gave the stock a “neutral” rating in a report on Tuesday, October 24th.

Shares of Koninklijke Philips (AMS PHIA) opened at €29.63 ($36.58) on Friday. The company has a market capitalization of $27,880.00 and a PE ratio of 30.55. Koninklijke Philips has a twelve month low of €26.90 ($33.21) and a twelve month high of €36.12 ($44.59).

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Koninklijke Philips 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 (AMS:PHIA)

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