Koninklijke Philips NV (PHIA) PT Set at €37.00 by J P Morgan Chase & Co

Koninklijke Philips NV (AMS:PHIA) has been given a €37.00 ($43.53) price target by equities researchers at J P Morgan Chase & Co in a note issued to investors on Friday. The firm presently has a “buy” rating on the stock. J P Morgan Chase & Co’s target price would suggest a potential upside of 3.41% from the company’s previous close.

A number of other research firms have also recently commented on PHIA. Goldman Sachs Group, Inc. (The) set a €39.00 ($45.88) target price on shares of Koninklijke Philips NV and gave the stock a “buy” rating in a research report on Wednesday, September 6th. Citigroup Inc. set a €36.00 ($42.35) target price on shares of Koninklijke Philips NV and gave the stock a “buy” rating in a research report on Tuesday, September 5th. Credit Suisse Group set a €36.00 ($42.35) target price on shares of Koninklijke Philips NV and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. Kepler Capital Markets set a €35.00 ($41.18) target price on shares of Koninklijke Philips NV and gave the stock a “buy” rating in a research report on Tuesday, August 22nd. Finally, Jefferies Group LLC set a €25.00 ($29.41) target price on shares of Koninklijke Philips NV and gave the stock a “sell” rating in a research report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of €34.41 ($40.48).

Koninklijke Philips NV (AMS:PHIA) opened at €35.78 ($42.09) on Friday. Koninklijke Philips NV has a 12-month low of €26.28 ($30.92) and a 12-month high of €36.12 ($42.49).

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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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