Goldman Sachs Group, Inc. (The) Analysts Give Koninklijke Philips NV (PHIA) a €39.00 Price Target

Goldman Sachs Group, Inc. (The) set a €39.00 ($45.88) price target on Koninklijke Philips NV (AMS:PHIA) in a research report released on Monday. The firm currently has a buy rating on the stock.

Other equities analysts also recently issued research reports about the company. J P Morgan Chase & Co set a €35.00 ($41.18) target price on Koninklijke Philips NV and gave the company a buy rating in a report on Monday, May 29th. Kepler Capital Markets set a €36.00 ($42.35) target price on Koninklijke Philips NV and gave the company a buy rating in a report on Friday, June 2nd. Citigroup Inc. set a €36.00 ($42.35) target price on Koninklijke Philips NV and gave the company a buy rating in a report on Thursday, June 29th. S&P Global set a €34.00 ($40.00) target price on Koninklijke Philips NV and gave the company a buy rating in a report on Monday, July 24th. Finally, UBS AG set a €36.00 ($42.35) target price on Koninklijke Philips NV and gave the company a buy rating in a report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of €33.60 ($39.53).

Shares of Koninklijke Philips NV (AMS PHIA) opened at 32.24 on Monday. The company has a market cap of €30.21 billion and a price-to-earnings ratio of 20.51. Koninklijke Philips NV has a 1-year low of €25.01 and a 1-year high of €34.33. The stock has a 50 day moving average of €31.84 and a 200 day moving average of €30.65.

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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.

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