Goldman Sachs Group set a €41.00 ($50.62) price objective on Philips Lighting (AMS:LIGHT) in a research report report published on Friday morning. The brokerage currently has a buy rating on the stock.
A number of other research firms have also recently weighed in on LIGHT. JPMorgan Chase & Co. set a €31.50 ($38.89) price target on Philips Lighting and gave the stock a neutral rating in a report on Friday, February 2nd. Citigroup set a €34.00 ($41.98) price target on Philips Lighting and gave the stock a neutral rating in a report on Tuesday, February 27th.
Philips Lighting (AMS LIGHT) opened at €31.91 ($39.40) on Friday. The stock has a market capitalization of $4,470.00 and a P/E ratio of 15.64. Philips Lighting has a one year low of €25.50 ($31.48) and a one year high of €36.06 ($44.52).
About Philips Lighting
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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