JPMorgan Chase & Co. Reiterates €42.20 Price Target for Koninklijke Philips (AMS:PHIA)

JPMorgan Chase & Co. set a €42.20 ($49.07) price target on Koninklijke Philips (AMS:PHIA) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

PHIA has been the subject of several other research reports. Goldman Sachs Group set a €41.50 ($48.26) target price on shares of Koninklijke Philips and gave the stock a buy rating in a research note on Monday, September 9th. UBS Group set a €45.00 ($52.33) target price on shares of Koninklijke Philips and gave the stock a buy rating in a research note on Tuesday, July 23rd. Credit Suisse Group set a €42.00 ($48.84) target price on shares of Koninklijke Philips and gave the stock a neutral rating in a research note on Tuesday, July 23rd. Berenberg Bank set a €48.00 ($55.81) target price on shares of Koninklijke Philips and gave the stock a buy rating in a research note on Thursday, July 25th. Finally, HSBC set a €46.00 ($53.49) target price on shares of Koninklijke Philips and gave the stock a buy rating in a research note on Friday, July 26th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company has a consensus rating of Buy and an average target price of €43.09 ($50.11).

Koninklijke Philips has a 52 week low of €28.92 ($33.63) and a 52 week high of €36.12 ($42.00).

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.

Further Reading: Are sell-side analysts objective?

Analyst Recommendations for Koninklijke Philips (AMS:PHIA)

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