Signify NV (AMS:LIGHT) Given Consensus Recommendation of “Hold” by Analysts
Shares of Signify NV (AMS:LIGHT) have earned an average recommendation of “Hold” from the ten research firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and two 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 €24.44 ($28.42).
Several brokerages have issued reports on LIGHT. Societe Generale set a €33.50 ($38.95) target price on Duerr and gave the company a “neutral” rating in a research note on Friday, June 28th. Jefferies Financial Group reduced their price target on Seres Therapeutics from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Monday, July 1st. JPMorgan Chase & Co. started coverage on Pinduoduo in a research report on Tuesday. They issued an “underweight” rating and a $20.48 price target for the company. Goldman Sachs Group cut EXPERIAN PLC/ADR from a “buy” rating to a “neutral” rating in a research report on Wednesday. Finally, UBS Group reiterated a “hold” rating and issued a $7.80 price target on shares of Deutsche Bank in a research report on Friday, April 26th.
Signify has a fifty-two week low of €25.50 ($29.65) and a fifty-two week high of €36.06 ($41.93).
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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