Berenberg Bank set a €34.00 ($40.00) target price on Koninklijke Philips NV (AMS:PHIA) in a research report report published on Thursday. The firm currently has a neutral rating on the stock.

Several other brokerages have also recently weighed in on PHIA. J P Morgan Chase & Co set a €35.00 ($41.18) price objective on Koninklijke Philips NV and gave the stock a buy rating in a report on Monday, June 19th. Deutsche Bank AG set a €34.00 ($40.00) price objective on Koninklijke Philips NV and gave the stock a neutral rating in a report on Tuesday, June 20th. Citigroup Inc. set a €36.00 ($42.35) price objective on Koninklijke Philips NV and gave the stock a buy rating in a report on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) set a €38.00 ($44.71) price objective on Koninklijke Philips NV and gave the stock a buy rating in a report on Thursday, June 29th. Finally, Morgan Stanley set a €27.50 ($32.35) price objective on Koninklijke Philips NV and gave the stock a neutral rating in a report on Wednesday, July 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of Buy and an average price target of €34.08 ($40.09).

Koninklijke Philips NV (PHIA) traded down 0.85% during trading on Thursday, hitting €34.98. 3,280,993 shares of the stock traded hands. The stock has a market cap of €32.78 billion and a P/E ratio of 22.25. Koninklijke Philips NV has a 52 week low of €25.70 and a 52 week high of €35.97. The firm’s 50-day moving average is €33.61 and its 200 day moving average is €32.02.

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Koninklijke Philips NV 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.

Analyst Recommendations for Koninklijke Philips NV (AMS:PHIA)

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