Goldman Sachs Group Reiterates “€39.00” Price Target for Koninklijke Philips (PHIA)

Koninklijke Philips (AMS:PHIA) has been given a €39.00 ($48.15) price target by stock analysts at Goldman Sachs Group in a research note issued to investors on Monday. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s price target points to a potential upside of 27.99% from the company’s current price.

A number of other equities analysts also recently issued reports on PHIA. JPMorgan Chase & Co. set a €35.60 ($43.95) price target on shares of Koninklijke Philips and gave the stock a “neutral” rating in a research note on Monday. Berenberg Bank set a €36.00 ($44.44) price objective on shares of Koninklijke Philips and gave the stock a “buy” rating in a report on Monday. Morgan Stanley set a €31.10 ($38.40) price objective on shares of Koninklijke Philips and gave the stock a “neutral” rating in a report on Monday, February 5th. S&P Global set a €36.00 ($44.44) price objective on shares of Koninklijke Philips and gave the stock a “buy” rating in a report on Wednesday, January 31st. Finally, Barclays set a €33.00 ($40.74) price objective on shares of Koninklijke Philips and gave the stock a “neutral” rating in a report on Wednesday, January 31st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of €35.44 ($43.75).

Koninklijke Philips (PHIA) opened at €30.47 ($37.62) on Monday. The company has a market cap of $28,660.00 and a PE ratio of 31.41. Koninklijke Philips has a one year low of €27.09 ($33.44) and a one year high of €36.12 ($44.59).

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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)

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