JPMorgan Chase & Co. set a €19.50 ($22.67) price objective on Signify (AMS:LIGHT) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
LIGHT has been the topic of a number of other research reports. Berenberg Bank set a €40.00 ($46.51) target price on Signify and gave the company a buy rating in a research report on Tuesday, February 4th. Morgan Stanley set a €26.00 ($30.23) price objective on Signify and gave the company a neutral rating in a report on Tuesday, January 14th. Finally, UBS Group set a €27.20 ($31.63) price objective on Signify and gave the company a neutral rating in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of €27.31 ($31.76).
Signify has a one year low of €25.50 ($29.65) and a one year high of €36.06 ($41.93).
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.
Recommended Story: Bid-Ask Spread
Receive News & Ratings for Signify Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Signify and related companies with MarketBeat.com's FREE daily email newsletter.