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

Koninklijke Philips NV (AMS:PHIA) received a €39.00 ($45.88) target price from stock analysts at Goldman Sachs Group, Inc. (The) in a research report issued on Thursday. The firm currently has a “buy” rating on the stock.

Other equities analysts also recently issued reports about the stock. J P Morgan Chase & Co set a €35.00 ($41.18) price target on shares of Koninklijke Philips NV and gave the company a “buy” rating in a report on Thursday, June 29th. Citigroup Inc. set a €36.00 ($42.35) price target on shares of Koninklijke Philips NV and gave the company a “buy” rating in a report on Thursday, June 22nd. UBS AG set a €36.00 ($42.35) price target on shares of Koninklijke Philips NV and gave the company a “buy” rating in a report on Monday, July 24th. Morgan Stanley set a €27.50 ($32.35) price target on shares of Koninklijke Philips NV and gave the company a “neutral” rating in a report on Wednesday, July 5th. Finally, Barclays PLC set a €29.00 ($34.12) price target on shares of Koninklijke Philips NV and gave the company a “neutral” rating in a report on Tuesday, July 25th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of €34.08 ($40.09).

Shares of Koninklijke Philips NV (AMS:PHIA) opened at 34.685 on Thursday. The company has a 50 day moving average price of €33.87 and a 200 day moving average price of €32.17. The company has a market capitalization of €32.50 billion and a PE ratio of 22.064. Koninklijke Philips NV has a 1-year low of €25.70 and a 1-year high of €35.97.

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Koninklijke Philips NV 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.

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