Koninklijke Philips (PHIA) Given a €31.30 Price Target at Deutsche Bank

Koninklijke Philips (AMS:PHIA) received a €31.30 ($38.64) price objective from Deutsche Bank in a report issued on Wednesday. The brokerage presently has a “neutral” rating on the stock. Deutsche Bank’s price target indicates a potential downside of 4.13% from the company’s current price.

Several other research firms also recently commented on PHIA. Goldman Sachs Group set a €39.00 ($48.15) price objective on Koninklijke Philips and gave the company a “buy” rating in a report on Tuesday. Barclays set a €29.00 ($35.80) price objective on Koninklijke Philips and gave the company a “neutral” rating in a report on Monday, October 23rd. JPMorgan Chase & Co. set a €37.00 ($45.68) price objective on Koninklijke Philips and gave the company a “buy” rating in a report on Friday, November 3rd. set a €39.00 ($48.15) price objective on Koninklijke Philips and gave the company a “buy” rating in a report on Wednesday, November 8th. Finally, Kepler Capital Markets set a €36.00 ($44.44) price objective on Koninklijke Philips and gave the company a “neutral” rating in a report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of €35.05 ($43.27).

Shares of Koninklijke Philips (PHIA) opened at €32.65 ($40.31) on Wednesday. The company has a market capitalization of $30,720.00 and a P/E ratio of 33.66. Koninklijke Philips has a twelve month low of €26.90 ($33.21) and a twelve month high of €36.12 ($44.59).

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About Koninklijke Philips

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.

Analyst Recommendations for Koninklijke Philips (AMS:PHIA)

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