Shares of Koninklijke Philips NV (AMS:PHIA) have been given a consensus recommendation of “Buy” by the fourteen ratings firms that are presently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is €39.82 ($46.30).

A number of analysts have recently commented on the stock. Berenberg Bank set a €40.00 ($46.51) price target on shares of Koninklijke Philips and gave the stock a “buy” rating in a research note on Wednesday, November 28th. Sanford C. Bernstein set a €41.50 ($48.26) price target on shares of Koninklijke Philips and gave the stock a “buy” rating in a research note on Monday, November 26th. JPMorgan Chase & Co. set a €37.00 ($43.02) price target on shares of Koninklijke Philips and gave the stock a “neutral” rating in a research note on Wednesday, January 16th. Credit Suisse Group set a €35.00 ($40.70) price target on shares of Koninklijke Philips and gave the stock a “neutral” rating in a research note on Wednesday, January 30th. Finally, UBS Group set a €39.00 ($45.35) price target on shares of Koninklijke Philips and gave the stock a “buy” rating in a research note on Tuesday, January 29th.

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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