HSBC Holdings plc set a €39.00 ($46.43) price target on Koninklijke Philips NV (AMS:PHIA) in a research note issued to investors on Friday. The firm currently has a buy rating on the stock.

Several other research firms also recently issued reports on PHIA. S&P Global set a €34.00 ($40.48) target price on Koninklijke Philips NV and gave the company a buy rating in a research report on Monday, July 24th. UBS AG set a €36.00 ($42.86) price target on shares of Koninklijke Philips NV and gave the company a buy rating in a report on Monday, July 24th. Deutsche Bank AG set a €34.00 ($40.48) price target on shares of Koninklijke Philips NV and gave the company a neutral rating in a report on Wednesday, July 19th. Citigroup Inc. set a €36.00 ($42.86) price target on shares of Koninklijke Philips NV and gave the company a buy rating in a report on Tuesday, July 11th. Finally, Morgan Stanley set a €27.50 ($32.74) price target on shares of Koninklijke Philips NV and gave the company a neutral rating in a report on Wednesday, July 5th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. Koninklijke Philips NV presently has an average rating of Buy and an average target price of €34.08 ($40.58).

Koninklijke Philips NV (PHIA) traded up 1.97% during trading on Friday, reaching €34.93. The company had a trading volume of 4,363,469 shares. The stock has a 50 day moving average price of €32.60 and a 200 day moving average price of €31.52. The firm has a market capitalization of €32.73 billion and a P/E ratio of 22.22. Koninklijke Philips NV has a 52 week low of €25.70 and a 52 week high of €35.01.

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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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