Koninklijke Philips (AMS:PHIA) has been assigned a €35.60 ($43.95) price target by research analysts at JPMorgan Chase & Co. in a research report issued on Monday. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 16.84% from the company’s current price.
Other equities research analysts also recently issued reports about the company. S&P Global set a €36.00 ($44.44) price objective on Koninklijke Philips and gave the stock a “neutral” rating in a research note 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 research note on Wednesday, January 31st. Berenberg Bank set a €36.00 ($44.44) price objective on Koninklijke Philips and gave the stock a “buy” rating in a research note on Monday. BNP Paribas set a €34.00 ($41.98) price objective on Koninklijke Philips and gave the stock a “neutral” rating in a research note on Monday, October 16th. Finally, Goldman Sachs Group set a €39.00 ($48.15) price objective on Koninklijke Philips and gave the stock a “buy” rating in a research note on Tuesday, November 7th. 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 company. The stock currently has a consensus rating of “Buy” and an average price target of €35.44 ($43.75).
Shares of Koninklijke Philips (AMS:PHIA) opened at €30.47 ($37.62) on Monday. The stock has a market capitalization 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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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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