Shares of Signify NV (AMS:LIGHT) have been given a consensus rating of “Hold” by the ten analysts that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is €24.98 ($29.04).

A number of analysts have recently issued reports on LIGHT shares. UBS Group set a €24.75 ($28.78) price target on shares of Signify and gave the stock a “neutral” rating in a report on Wednesday. Berenberg Bank set a €33.00 ($38.37) price target on shares of Signify and gave the stock a “buy” rating in a report on Tuesday, October 1st. JPMorgan Chase & Co. set a €23.50 ($27.33) price target on shares of Signify and gave the stock a “sell” rating in a report on Wednesday. Goldman Sachs Group set a €29.00 ($33.72) price target on shares of Signify and gave the stock a “buy” rating in a report on Wednesday, October 9th. Finally, Jefferies Financial Group set a €24.00 ($27.91) price target on shares of Signify and gave the stock a “neutral” rating in a report on Monday, July 1st.

Signify has a 1-year low of €25.50 ($29.65) and a 1-year high of €36.06 ($41.93).

Signify Company Profile

Philips Lighting NV is a company based in the Netherlands that provides lamps and lighting solutions. Its product portfolio includes, among others, incandescent lamps, halogen lamps, fluorescent lamps, linear fluorescent lamps (LFL), compact fluorescent lamps (CFL), high-intensity discharge lamps (HID) and light-emitting diodes (LED), as well as electronic components, such as electronic ballasts and drivers.

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Analyst Recommendations for Signify (AMS:LIGHT)

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