Analysts Set Signify NV (EPA) (LIGHT) PT at $26.14

Shares of Signify NV (EPA) (AMS:LIGHT) have earned a consensus recommendation of “Hold” from the seven brokerages that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is €26.14 ($30.40).

LIGHT has been the subject of a number of recent research reports. JPMorgan Chase & Co. set a €26.00 ($30.23) price objective on shares of Signify NV (EPA) and gave the stock a “neutral” rating in a research note on Friday, October 26th. Credit Suisse Group set a €19.00 ($22.09) price objective on shares of Signify NV (EPA) and gave the stock a “sell” rating in a research note on Friday, October 5th. Goldman Sachs Group set a €30.00 ($34.88) target price on shares of Signify NV (EPA) and gave the stock a “buy” rating in a research report on Thursday. Citigroup set a €30.00 ($34.88) target price on shares of Signify NV (EPA) and gave the stock a “buy” rating in a research report on Thursday, September 27th. Finally, UBS Group set a €25.00 ($29.07) target price on shares of Signify NV (EPA) and gave the stock a “neutral” rating in a research report on Friday, October 26th.

Shares of LIGHT traded down €0.61 ($0.71) during mid-day trading on Tuesday, reaching €31.59 ($36.73). 2,020,000 shares of the company’s stock were exchanged, compared to its average volume of 543,054. Signify NV has a 52-week low of €25.50 ($29.65) and a 52-week high of €36.06 ($41.93).

About Signify NV (EPA)

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.

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Analyst Recommendations for Signify NV (EPA) (AMS:LIGHT)

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