Koninklijke Philips N.V. (PHG) Gets a Buy Rating from Berenberg Bank


In a report issued on May 3, Scott Bardo from Berenberg Bank maintained a Buy rating on Koninklijke Philips N.V. (PHG), with a price target of $44. The company’s shares closed yesterday at $41.25.

Bardo has an average return of 5.9% when recommending Koninklijke Philips N.V..

According to TipRanks.com, Bardo is ranked #584 out of 5182 analysts.

Currently, the analyst consensus on Koninklijke Philips N.V. is a Moderate Buy with an average price target of $49.26.

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The company has a one-year high of $46.67 and a one-year low of $32.98. Currently, Koninklijke Philips N.V. has an average volume of 691.8K.

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Royal Philips NV is a technology company, which engages in the healthcare, lighting, and consumer well-being markets. It operates through the following segments: Personal Health, Diagnosis & Treatment, Connected Care & Health Informatics, and Other. The Personal Health segment focuses on healthy living and preventative care.

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