Koninklijke Philips (PHIA) Given a €38.00 Price Target at Credit Suisse Group

Credit Suisse Group set a €38.00 ($46.91) price objective on Koninklijke Philips (AMS:PHIA) in a report published on Wednesday. The brokerage currently has a buy rating on the stock.

Several other equities research analysts also recently commented on PHIA. Commerzbank set a €40.00 ($49.38) target price on shares of Koninklijke Philips and gave the company a buy rating in a research note on Thursday, December 14th. JPMorgan Chase set a €36.80 ($45.43) target price on shares of Koninklijke Philips and gave the company a neutral rating in a research note on Friday, December 29th. Bank of America set a €39.00 ($48.15) target price on shares of Koninklijke Philips and gave the company a buy rating in a research note on Tuesday, January 9th. Deutsche Bank set a €34.00 ($41.98) target price on shares of Koninklijke Philips and gave the company a neutral rating in a research note on Monday, January 22nd. Finally, UBS set a €38.00 ($46.91) target price on shares of Koninklijke Philips and gave the company a buy rating in a research note on Tuesday, January 30th. One equities 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 company’s stock. The company currently has an average rating of Buy and a consensus price target of €35.38 ($43.67).

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PHIA opened at €32.72 ($40.40) on Wednesday. Koninklijke Philips has a fifty-two week low of €28.92 ($35.70) and a fifty-two week 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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