UBS AG Analysts Give Koninklijke Philips NV (PHIA) a €36.00 Price Target

UBS AG set a €36.00 ($42.35) price target on Koninklijke Philips NV (AMS:PHIA) in a research note released on Monday, July 24th, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts also recently issued reports on the company. 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 Monday, May 29th. Kepler Capital Markets set a €36.00 ($42.35) price objective on Koninklijke Philips NV and gave the company a buy rating in a research report on Friday, June 2nd. 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. 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 29th. Finally, S&P Global set a €34.00 ($40.00) target price on Koninklijke Philips NV and gave the company a buy rating in a research note on Monday, July 24th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. Koninklijke Philips NV presently has an average rating of Buy and a consensus target price of €33.60 ($39.53).

Koninklijke Philips NV (AMS PHIA) traded down 1.31% on Monday, hitting €31.71. The stock had a trading volume of 2,637,529 shares. Koninklijke Philips NV has a 1-year low of €25.01 and a 1-year high of €34.33. The firm’s 50-day moving average price is €31.82 and its 200-day moving average price is €30.67. The firm has a market cap of €29.71 billion and a P/E ratio of 20.17.

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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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