Koninklijke Philips NV (PHIA) PT Set at €35.00 by Kepler Capital Markets

Koninklijke Philips NV (AMS:PHIA) has been assigned a €35.00 ($41.18) target price by equities researchers at Kepler Capital Markets in a research report issued to clients and investors on Tuesday. The firm presently has a “buy” rating on the stock.

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Several other equities research analysts have also recently commented on PHIA. J P Morgan Chase & Co set a €35.00 ($41.18) price objective on Koninklijke Philips NV and gave the company a “buy” rating in a research report on Saturday, May 20th. Morgan Stanley set a €27.50 ($32.35) price objective on Koninklijke Philips NV and gave the company a “neutral” rating in a research report on Tuesday, May 23rd. Deutsche Bank AG set a €34.00 ($40.00) price objective on Koninklijke Philips NV and gave the company a “neutral” rating in a research report on Tuesday, June 20th. Citigroup Inc. set a €36.00 ($42.35) price objective on Koninklijke Philips NV and gave the company a “buy” rating in a research report on Thursday, June 22nd. Finally, Goldman Sachs Group, Inc. (The) set a €38.00 ($44.71) price objective on Koninklijke Philips NV and gave the company a “buy” rating in a research report on Thursday, June 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of €33.50 ($39.41).

Koninklijke Philips NV (AMS PHIA) traded up 1.95% on Tuesday, reaching €32.11. 1,128,222 shares of the company’s stock traded hands. The firm has a market cap of €30.09 billion and a PE ratio of 20.43. Koninklijke Philips NV has a 12 month low of €25.01 and a 12 month high of €34.33. The firm’s 50-day moving average is €31.85 and its 200 day moving average is €30.75.

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Koninklijke Philips NV Company Profile

Koninklijke Philips N.V. is a health technology company. The Company’s segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, and Lighting. The Company’s Personal Health businesses segment is engaged in the health continuum, delivering integrated, connected solutions that support healthier lifestyles and those living with chronic disease.