Deutsche Bank Aktiengesellschaft set a €52.00 ($61.18) price objective on Koninklijke Philips (AMS:PHIA) in a research report report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other brokerages also recently commented on PHIA. Goldman Sachs Group set a €47.50 ($55.88) target price on Koninklijke Philips and gave the stock a buy rating in a research note on Monday, October 19th. Berenberg Bank set a €46.00 ($54.12) price objective on Koninklijke Philips and gave the company a buy rating in a report on Monday, July 20th. UBS Group set a €49.00 ($57.65) price objective on Koninklijke Philips and gave the company a buy rating in a report on Friday, October 2nd. Kepler Capital Markets set a €44.00 ($51.76) price target on Koninklijke Philips and gave the stock a neutral rating in a research note on Monday, October 19th. Finally, Sanford C. Bernstein set a €52.00 ($61.18) price target on Koninklijke Philips and gave the stock a buy rating in a research note on Monday, October 19th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of €46.61 ($54.84).
Koninklijke Philips has a 52 week low of €28.92 ($34.02) and a 52 week high of €36.12 ($42.49).
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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