Koninklijke Philips NV (PHIA) Given a €34.00 Price Target by Berenberg Bank Analysts

Koninklijke Philips NV (AMS:PHIA) received a €34.00 ($40.00) price objective from research analysts at Berenberg Bank in a report issued on Monday. The firm currently has a “neutral” rating on the stock.

Other equities analysts also recently issued research reports about the company. Citigroup Inc. set a €36.00 ($42.35) price target on Koninklijke Philips NV and gave the company a “buy” rating in a research note on Thursday, June 29th. J P Morgan Chase & Co set a €35.00 ($41.18) price target on Koninklijke Philips NV and gave the company a “buy” rating in a research note on Thursday, June 29th. Goldman Sachs Group, Inc. (The) set a €38.00 ($44.71) price target on Koninklijke Philips NV and gave the company a “buy” rating in a research note on Thursday, June 29th. UBS AG set a €36.00 ($42.35) price target on Koninklijke Philips NV and gave the company a “buy” rating in a research note on Monday, July 24th. Finally, S&P Global set a €34.00 ($40.00) price target on Koninklijke Philips NV and gave the company a “buy” rating in a research note on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company’s stock. Koninklijke Philips NV presently has a consensus rating of “Hold” and an average price target of €34.41 ($40.48).

Koninklijke Philips NV (AMS:PHIA) opened at 34.07 on Monday. Koninklijke Philips NV has a 52-week low of €26.28 and a 52-week high of €36.12. The stock’s 50 day moving average price is €34.57 and its 200 day moving average price is €32.48. The firm has a market capitalization of €31.93 billion and a PE ratio of 21.67.

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About Koninklijke Philips NV

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 NV (AMS:PHIA)

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