Koninklijke Philips NV (AMS:PHIA) has been assigned an average recommendation of “Buy” from the fourteen research firms that are presently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is €39.82 ($46.30).

A number of equities research analysts recently issued reports on PHIA shares. BNP Paribas set a €43.00 ($50.00) price target on shares of Koninklijke Philips and gave the company a “buy” rating in a research note on Thursday, November 22nd. Sanford C. Bernstein set a €41.50 ($48.26) price objective on shares of Koninklijke Philips and gave the company a “buy” rating in a research report on Monday, November 26th. Berenberg Bank set a €40.00 ($46.51) price objective on shares of Koninklijke Philips and gave the company a “buy” rating in a research report on Wednesday, November 28th. JPMorgan Chase & Co. set a €37.00 ($43.02) price objective on shares of Koninklijke Philips and gave the company a “neutral” rating in a research report on Thursday, December 20th. Finally, Goldman Sachs Group set a €42.00 ($48.84) price objective on shares of Koninklijke Philips and gave the company a “buy” rating in a research report on Thursday, January 10th.

Koninklijke Philips has a 12 month low of €28.92 ($33.63) and a 12 month 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.

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Analyst Recommendations for Koninklijke Philips (AMS:PHIA)

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