Koninklijke Philips NV (PHIA) Given a €38.00 Price Target by Credit Suisse Group Analysts

Koninklijke Philips NV (AMS:PHIA) has been given a €38.00 ($44.71) target price by analysts at Credit Suisse Group in a research report issued to clients and investors on Monday. The firm currently has a “buy” rating on the stock. Credit Suisse Group’s price objective points to a potential upside of 6.15% from the stock’s current price.

PHIA has been the topic of a number of other reports. Goldman Sachs Group, Inc. (The) set a €39.00 ($45.88) price objective on shares of Koninklijke Philips NV and gave the company a “buy” rating in a research note on Wednesday, September 6th. Jefferies Group LLC set a €25.00 ($29.41) price objective on shares of Koninklijke Philips NV and gave the company a “sell” rating in a research note on Thursday, July 27th. Kepler Capital Markets set a €35.00 ($41.18) price objective on shares of Koninklijke Philips NV and gave the company a “buy” rating in a research note on Tuesday, August 22nd. HSBC Holdings plc set a €39.00 ($45.88) price objective on shares of Koninklijke Philips NV and gave the company a “buy” rating in a research note on Friday, September 29th. Finally, Citigroup Inc. set a €36.00 ($42.35) target price on shares of Koninklijke Philips NV and gave the company a “buy” rating in a report on Tuesday, September 5th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the stock. Koninklijke Philips NV presently has a consensus rating of “Hold” and a consensus target price of €34.55 ($40.65).

Shares of Koninklijke Philips NV (PHIA) opened at €35.80 ($42.12) on Monday. 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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About Koninklijke Philips NV

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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