Signify (LIGHT) Given a €25.00 Price Target at Morgan Stanley

Signify (AMS:LIGHT) has been assigned a €25.00 ($29.07) price target by equities researchers at Morgan Stanley in a research note issued on Monday. The firm presently has a “neutral” rating on the stock.

Other equities analysts have also issued research reports about the company. JPMorgan Chase & Co. set a €26.00 ($30.23) target price on Signify and gave the stock a “neutral” rating in a research report on Friday, October 26th. Credit Suisse Group set a €19.00 ($22.09) target price on Signify and gave the stock a “sell” rating in a research report on Friday, October 5th. Goldman Sachs Group set a €30.00 ($34.88) target price on Signify and gave the stock a “buy” rating in a research report on Thursday, November 1st. Jefferies Financial Group set a €21.00 ($24.42) target price on Signify and gave the stock a “neutral” rating in a research report on Tuesday, November 6th. Finally, UBS Group set a €22.50 ($26.16) target price on Signify and gave the stock a “neutral” rating in a research report on Tuesday, December 11th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of €23.80 ($27.67).

Signify has a one year low of €25.50 ($29.65) and a one year high of €36.06 ($41.93).

About Signify

Philips Lighting NV is a company based in the Netherlands that provides lamps and lighting solutions. Its product portfolio includes, among others, incandescent lamps, halogen lamps, fluorescent lamps, linear fluorescent lamps (LFL), compact fluorescent lamps (CFL), high-intensity discharge lamps (HID) and light-emitting diodes (LED), as well as electronic components, such as electronic ballasts and drivers.

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Analyst Recommendations for Signify (AMS:LIGHT)

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