Koninklijke Philips NV (AMS:PHIA) has been given a €37.00 ($44.05) target price by investment analysts at J P Morgan Chase & Co in a report issued on Monday. The firm currently has a “buy” rating on the stock.

A number of other analysts have also recently commented on the company. Deutsche Bank AG set a €34.00 ($40.48) price target on Koninklijke Philips NV and gave the stock a “neutral” rating in a research report on Tuesday, June 20th. Morgan Stanley set a €27.50 ($32.74) price objective on Koninklijke Philips NV and gave the company a “neutral” rating in a research report on Tuesday, May 23rd. Citigroup Inc. set a €36.00 ($42.86) price objective on Koninklijke Philips NV and gave the company a “buy” rating in a research report on Tuesday, July 11th. UBS AG set a €36.00 ($42.86) price objective on Koninklijke Philips NV and gave the company a “buy” rating in a research report on Monday, July 24th. Finally, S&P Global set a €34.00 ($40.48) price objective on Koninklijke Philips NV and gave the company a “buy” rating in a research report on Monday, July 24th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of €33.64 ($40.04).

Shares of Koninklijke Philips NV (AMS PHIA) opened at 32.045 on Monday. The company’s 50 day moving average price is €32.00 and its 200-day moving average price is €30.99. Koninklijke Philips NV has a 12 month low of €25.02 and a 12 month high of €34.34. The stock has a market capitalization of €30.03 billion and a P/E ratio of 20.385.

COPYRIGHT VIOLATION NOTICE: This article was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another site, it was illegally stolen and reposted in violation of U.S. and international copyright legislation. The original version of this article can be viewed at https://www.thecerbatgem.com/2017/09/04/koninklijke-philips-nv-phia-given-a-37-00-price-target-by-j-p-morgan-chase-co-analysts.html.

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.

Analyst Recommendations for Koninklijke Philips NV (AMS:PHIA)

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