Koninklijke Philips (PHIA) Given a €45.00 Price Target by HSBC Analysts

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Koninklijke Philips (AMS:PHIA) has been given a €45.00 ($52.33) price target by equities research analysts at HSBC in a research report issued to clients and investors on Monday. The brokerage presently has a “buy” rating on the stock. HSBC’s target price indicates a potential upside of 37.53% from the company’s current price.

A number of other equities analysts have also recently issued reports on the stock. BNP Paribas set a €45.00 ($52.33) price objective on shares of Koninklijke Philips and gave the company a “buy” rating in a research report on Monday, September 17th. Deutsche Bank set a €43.00 ($50.00) price objective on shares of Koninklijke Philips and gave the company a “buy” rating in a research report on Monday, July 30th. Kepler Capital Markets set a €36.00 ($41.86) price objective on shares of Koninklijke Philips and gave the company a “neutral” rating in a research report on Monday, July 23rd. Commerzbank set a €39.00 ($45.35) price objective on shares of Koninklijke Philips and gave the company a “buy” rating in a research report on Monday, July 23rd. Finally, UBS Group set a €42.00 ($48.84) price objective on shares of Koninklijke Philips and gave the company a “buy” rating in a research report on Thursday, August 30th. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of €40.47 ($47.06).

PHIA stock opened at €32.72 ($38.05) on Monday. Koninklijke Philips has a 12-month low of €28.92 ($33.63) and a 12-month high of €36.12 ($42.00).

Koninklijke Philips Company Profile

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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