Koninklijke Philips N.V. (PHG) : 2 analysts are covering Koninklijke Philips N.V. (PHG) and their average rating on the stock is 2.5, which is read as a Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation.
For this week, the average consensus of the company shares are rated as a Strong Buy. Koninklijke Philips N.V. (NYSE:PHG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.91 and $27.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.06, notching a gain of 0.43% for the day. The total traded volume was 1,014,406 . The stock had closed at $27.94 on the previous day.
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.