Signify NV (EPA) (LIGHT) Given a €19.00 Price Target at Credit Suisse Group

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Credit Suisse Group set a €19.00 ($22.09) price objective on Signify NV (EPA) (AMS:LIGHT) in a report published on Friday morning. The brokerage currently has a sell rating on the stock.

Several other analysts have also recently issued reports on the stock. Goldman Sachs Group set a €31.00 ($36.05) price target on shares of Signify NV (EPA) and gave the stock a buy rating in a research report on Monday, August 13th. JPMorgan Chase & Co. set a €26.00 ($30.23) price target on shares of Signify NV (EPA) and gave the stock a neutral rating in a research report on Thursday, September 27th. Citigroup set a €30.00 ($34.88) price target on shares of Signify NV (EPA) and gave the stock a buy rating in a research report on Thursday, September 27th. UBS Group set a €25.00 ($29.07) price target on shares of Signify NV (EPA) and gave the stock a neutral rating in a research report on Friday, October 26th. Finally, Societe Generale set a €28.00 ($32.56) price target on shares of Signify NV (EPA) and gave the stock a buy rating in a research report on Friday, July 27th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of Hold and an average target price of €25.50 ($29.65).

Shares of LIGHT traded down €0.61 ($0.71) during mid-day trading on Friday, hitting €31.59 ($36.73). 2,020,000 shares of the company’s stock were exchanged, compared to its average volume of 543,054. Signify NV has a fifty-two week low of €25.50 ($29.65) and a fifty-two week high of €36.06 ($41.93).

About Signify NV (EPA)

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 NV (EPA) (AMS:LIGHT)

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