Koninklijke Philips (AMS:PHIA) has been given a €41.50 ($48.26) price target by stock analysts at Goldman Sachs Group in a research report issued on Friday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock.
Other analysts have also issued research reports about the company. UBS Group set a €74.00 ($86.05) price objective on Bayerische Motoren Werke and gave the company a “neutral” rating in a research note on Thursday, July 4th. Deutsche Bank set a €46.00 ($53.49) price objective on Draegerwerk AG & Co KGaA and gave the company a “neutral” rating in a research note on Tuesday, April 30th. Berenberg Bank initiated coverage on Network International in a research note on Monday, May 6th. They issued a “buy” rating and a GBX 700 ($9.15) price target on the stock. Finally, JPMorgan Chase & Co. reissued a “buy” rating and issued a $69.00 price target on shares of Daimler in a research note on Friday. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of €40.53 ($47.13).
Koninklijke Philips has a 52 week low of €28.92 ($33.63) and a 52 week high of €36.12 ($42.00).
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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