Analyst Rating Update on Koninklijke Philips N.V. (PHG)

Koninklijke Philips N.V. (PHG) : Zacks Investment Research ranks Koninklijke Philips N.V. (PHG) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. The average broker rating of 2 research analysts is 2.5, which indicates as a Buy.

For this week, the average consensus of the company shares are rated as a Strong Buy.


Koninklijke Philips N.V. (NYSE:PHG): The stock opened at $26.19 on Wednesday but the bulls could not build on the opening and the stock topped out at $26.32 for the day. The stock traded down to $26.17 during the day, due to lack of any buying support eventually closed down at $26.28 with a loss of -0.30% for the day. The stock had closed at $26.36 on the previous day. The total traded volume was 1,087,341 shares.

Koninklijke Philips N.V. is a technology company. The Company operates in the segments of Healthcare, Consumer Lifestyle and Lighting. It operates in the Innovation, Group & Services (IG&S) sector. The Healthcare segment includes imaging systems, customer services, healthcare informatics, solutions and services, and patient care and monitoring solutions. The Consumer lifestyle segment includes personal care, domestic appliances and health and wellness solutions. The Lighting segment offers various lighting solutions across a range of market segments. The Innovation, Group & Services sector includes the activities of Group Innovation and Group and regional management organizations. Additionally, the global shared business services for procurement, finance, human resources, information technology (IT) and real estate are reported in this sector. It has around 93 production sites in 25 countries and sales and service outlets in approximately 100 countries.

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