Deutsche Bank AG Reiterates €34.00 Price Target for Koninklijke Philips NV (AMS:PHIA)
Deutsche Bank AG set a €34.00 ($40.00) price target on Koninklijke Philips NV (AMS:PHIA) in a research report report published on Tuesday, July 25th. The firm currently has a neutral rating on the stock.
PHIA has been the topic of a number of other reports. Citigroup Inc. set a €36.00 ($42.35) price target on Koninklijke Philips NV and gave the company a buy rating in a research report on Thursday, June 29th. Morgan Stanley set a €27.50 ($32.35) target price on Koninklijke Philips NV and gave the stock a neutral rating in a report on Monday, May 29th. J P Morgan Chase & Co set a €35.00 ($41.18) target price on Koninklijke Philips NV and gave the stock a buy rating in a report on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €38.00 ($44.71) target price on Koninklijke Philips NV and gave the stock a buy rating in a report on Thursday, June 29th. Finally, S&P Global set a €34.00 ($40.00) target price on Koninklijke Philips NV and gave the stock a buy rating in a report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of €33.60 ($39.53).
Koninklijke Philips NV (AMS:PHIA) traded down 1.31% during midday trading on Tuesday, reaching €31.71. The company’s stock had a trading volume of 2,637,529 shares. The firm has a 50 day moving average price of €31.82 and a 200 day moving average price of €30.67. Koninklijke Philips NV has a 1-year low of €25.01 and a 1-year high of €34.33. The firm has a market capitalization of €29.71 billion and a PE ratio of 20.17.
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About Koninklijke Philips NV
Koninklijke Philips N.V. is a health technology company. The Company’s segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, and Lighting. The Company’s 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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