Koninklijke Philips (AMS:PHIA) received a €39.00 ($48.15) price objective from Goldman Sachs Group in a report released on Monday. The firm currently has a “buy” rating on the stock. Goldman Sachs Group’s price target suggests a potential upside of 29.96% from the company’s previous close.

Several other brokerages have also weighed in on PHIA. Credit Suisse Group set a €38.00 ($46.91) target price on shares of Koninklijke Philips and gave the stock a “buy” rating in a research note on Monday, November 6th. set a €39.00 ($48.15) target price on shares of Koninklijke Philips and gave the stock a “buy” rating in a research note on Wednesday, November 8th. JPMorgan Chase & Co. set a €36.80 ($45.43) target price on shares of Koninklijke Philips and gave the stock a “neutral” rating in a research note on Friday, November 10th. Deutsche Bank set a €34.00 ($41.98) target price on shares of Koninklijke Philips and gave the stock a “neutral” rating in a research note on Monday, January 22nd. Finally, Morgan Stanley set a €29.70 ($36.67) target price on shares of Koninklijke Philips and gave the stock a “neutral” rating in a research note on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of €35.44 ($43.75).

Koninklijke Philips (PHIA) opened at €30.01 ($37.05) on Monday. The firm has a market cap of $28,240.00 and a PE ratio of 30.94. Koninklijke Philips has a 12 month low of €27.09 ($33.44) and a 12 month high of €36.12 ($44.59).

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Koninklijke Philips 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.

Analyst Recommendations for Koninklijke Philips (AMS:PHIA)

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