Signify (AMS:LIGHT) Given a €27.00 Price Target by Morgan Stanley Analysts
Morgan Stanley set a €27.00 ($31.40) price target on Signify (AMS:LIGHT) in a report published on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities research analysts also recently issued research reports about the stock. Berenberg Bank set a €33.00 ($38.37) target price on shares of Signify and gave the company a buy rating in a research note on Tuesday, October 1st. Goldman Sachs Group set a €29.00 ($33.72) price target on shares of Signify and gave the stock a buy rating in a research note on Wednesday, October 9th. UBS Group set a €24.75 ($28.78) price target on shares of Signify and gave the stock a neutral rating in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. set a €23.50 ($27.33) price target on shares of Signify and gave the company a sell rating in a report on Friday, October 25th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. Signify presently has a consensus rating of Hold and an average price target of €26.09 ($30.34).
Signify has a 1 year low of €25.50 ($29.65) and a 1 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.
Featured Story: What is the CBOE Russell 2000® Volatility Index?
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.