Shares of Koninklijke Philips NV (AMS:PHIA) have earned a consensus recommendation of “Buy” from the ten brokerages that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is €45.38 ($50.99).

PHIA has been the subject of several recent analyst reports. Sanford C. Bernstein set a €48.00 ($53.93) price objective on shares of Koninklijke Philips and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Credit Suisse Group set a €41.00 ($46.07) price target on shares of Koninklijke Philips and gave the company a “neutral” rating in a research report on Tuesday, June 9th. Goldman Sachs Group set a €46.00 ($51.69) price target on shares of Koninklijke Philips and gave the company a “buy” rating in a research report on Friday, June 12th. Deutsche Bank set a €47.00 ($52.81) price target on shares of Koninklijke Philips and gave the company a “buy” rating in a research report on Monday, June 29th. Finally, UBS Group set a €48.00 ($53.93) price target on shares of Koninklijke Philips and gave the company a “buy” rating in a research report on Monday, April 20th.

Koninklijke Philips has a one year low of €28.92 ($32.49) and a one year high of €36.12 ($40.58).

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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