JPMorgan Chase & Co. Analysts Give Koninklijke Philips (AMS:PHIA) a €42.20 Price Target

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Koninklijke Philips (AMS:PHIA) has been given a €42.20 ($49.07) target price by equities researchers at JPMorgan Chase & Co. in a report released on Thursday, September 19th, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock.

Several other equities research analysts have also recently issued reports on PHIA. Berenberg Bank set a €48.00 ($55.81) price objective on Koninklijke Philips and gave the stock a “buy” rating in a report on Thursday, July 25th. UBS Group set a €45.00 ($52.33) price objective on Koninklijke Philips and gave the stock a “buy” rating in a report on Tuesday, July 23rd. Goldman Sachs Group set a €41.50 ($48.26) price objective on Koninklijke Philips and gave the stock a “buy” rating in a report on Monday, September 9th. HSBC set a €46.00 ($53.49) price objective on Koninklijke Philips and gave the stock a “buy” rating in a report on Friday, July 26th. Finally, Credit Suisse Group set a €42.00 ($48.84) price objective on Koninklijke Philips and gave the stock a “neutral” rating in a report on Tuesday, July 23rd. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of €43.88 ($51.03).

Koninklijke Philips has a twelve month low of €28.92 ($33.63) and a twelve month high of €36.12 ($42.00).

Koninklijke Philips 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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Analyst Recommendations for Koninklijke Philips (AMS:PHIA)

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