Koninklijke Philips NV (PHIA) Given a €36.80 Price Target by J P Morgan Chase & Co Analysts

J P Morgan Chase & Co set a €36.80 ($42.79) price objective on Koninklijke Philips NV (AMS:PHIA) in a research note published on Friday morning. The firm currently has a neutral rating on the stock.

A number of other research firms have also recently commented on PHIA. Credit Suisse Group set a €38.00 ($44.19) price objective on Koninklijke Philips NV and gave the company a buy rating in a research report on Monday, November 6th. Goldman Sachs Group, Inc. (The) set a €39.00 ($45.35) price objective on Koninklijke Philips NV and gave the company a buy rating in a research report on Tuesday, November 7th. HSBC Holdings plc set a €39.00 ($45.35) price target on Koninklijke Philips NV and gave the stock a buy rating in a research note on Wednesday, November 8th. Citigroup Inc. set a €36.00 ($41.86) price target on Koninklijke Philips NV and gave the stock a buy rating in a research note on Tuesday, September 5th. Finally, Kepler Capital Markets set a €35.00 ($40.70) price target on Koninklijke Philips NV and gave the stock a buy rating in a research note on Tuesday, August 22nd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of €34.54 ($40.16).

Shares of Koninklijke Philips NV (PHIA) opened at €33.30 ($38.72) on Friday. Koninklijke Philips NV has a 12-month low of €26.40 ($30.70) and a 12-month high of €36.12 ($42.00).

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About Koninklijke Philips NV

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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