Koninklijke Philips N.V. (NYSE:PHG) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2 by 3 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Deutsche Bank upgrades its outlook on Koninklijke Philips N.V. (NYSE:PHG). The current rating of the shares is Buy, according to the research report released by the firm. Previously, the company had a rating of Hold. The rating by the firm was issued on March 21, 2016.
Koninklijke Philips N.V. (NYSE:PHG) rose 1.75% or 0.45 points on Tuesday and made its way into the gainers of the day. After trading began at $26.1 the stock was seen hitting $26.24 as a peak level and $25.98 as the lowest level. The stock ended up at $26.15. The daily volume was measured at 851,855 shares. The 52-week high of the share price is $28.75 and the 52-week low is $23.16. The company has a market cap of $23,875 million.
Shares of Koninklijke Philips N.V rose by 4.6% in the last five trading days and 1.67% for the last 4 weeks. Koninklijke Philips N.V has dropped 2.59% during the last 3-month period . Year-to-Date the stock performance stands at 6.33%.
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.