Kepler Capital analyst Oliver Reinberg maintained a Hold rating on Koninklijke Philips (PHG) on August 31 and set a price target of EUR44.00. The company’s shares closed last Tuesday at $47.73.
According to TipRanks.com, Reinberg has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.6% and a 42.9% success rate. Reinberg covers the Healthcare sector, focusing on stocks such as Siemens Healthineers AG, Tecan Group AG, and Medios AG.
Currently, the analyst consensus on Koninklijke Philips is a Moderate Buy with an average price target of $52.23.
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Koninklijke Philips’ market cap is currently $43.19B and has a P/E ratio of 40.70. The company has a Price to Book ratio of -44.05.
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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. This segment comprises the Personal Care, Domestic Appliances, Oral Healthcare, and Mother & Child Care businesses. The Diagnosis & Treatment segment unites the businesses related to the promise of precision diagnosis and disease pathway selection, and the businesses related to image-guided, minimally invasive treatments. This segment comprises the Diagnostic Imaging, Ultrasound, Healthcare Informatics and Image-Guided Therapy businesses. The Connected Care & Health Informatics segment focuses on patient care solutions, advanced analytics and patient and workflow optimization inside and outside the hospital, and aims to unlock synergies from integrating and optimizing patient care pathways and leveraging provider-payer-patient business models. This segment comprises the Monitoring & Analytics, Therapeutic Care, Population Health Management, and Sleep & Respiratory Care businesses. The Other segment reports on the items Innovation & Strategy, IP Royalties, Central costs, and other small items. The company was founded by Anton Frederik Philips and Gerard Leonard Frederik Philips in 1891 and is headquartered in Amsterdam, the Netherlands.
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