Koninklijke Philips NV (PHIA) Given a €39.00 Price Target at HSBC Holdings plc
Koninklijke Philips NV (AMS:PHIA) has been given a €39.00 ($45.35) price objective by HSBC Holdings plc in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock. HSBC Holdings plc’s price objective indicates a potential upside of 12.78% from the stock’s current price.
A number of other analysts have also recently commented on PHIA. Credit Suisse Group set a €38.00 ($44.19) price target on Koninklijke Philips NV and gave the stock a “buy” rating in a research report on Monday. Goldman Sachs Group, Inc. (The) set a €39.00 ($45.35) price objective on Koninklijke Philips NV and gave the company a “buy” rating in a research report on Tuesday. S&P Global set a €36.00 ($41.86) price objective on Koninklijke Philips NV and gave the company a “neutral” rating in a research report on Monday, October 23rd. J P Morgan Chase & Co set a €37.00 ($43.02) price objective on Koninklijke Philips NV and gave the company a “buy” rating in a research report on Friday, November 3rd. Finally, Kepler Capital Markets set a €35.00 ($40.70) price objective on Koninklijke Philips NV and gave the company a “buy” rating in a research report on Tuesday, August 22nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the stock. Koninklijke Philips NV has a consensus rating of “Hold” and a consensus target price of €34.55 ($40.17).
Shares of Koninklijke Philips NV (AMS PHIA) opened at €34.58 ($40.21) on Wednesday. Koninklijke Philips NV has a 12-month low of €26.40 ($30.70) and a 12-month high of €36.12 ($42.00).
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Koninklijke Philips NV 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.
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