Breaking Finance News

Philips (NYSE:PHG) has been downgraded from Buy to Neutral in a statement by Natixis Bleichroeder earlier today.

Having a price of $37.12, Philips (NYSE:PHG) traded -0.10% lower on the day. With the last stock price up 16.49% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. PHG has recorded a 50-day average of $38.47 and a two hundred day average of $35.36. Trade Volume was up over the average, with 2,177,018 shares of PHG changing hands over the typical 1,256,260

Natixis Bleichroeder has downgraded Philips (NYSE:PHG) from Buy to Neutral in a statement released on 6/21/2017.

Recent Performance Chart

Philips (NYSE:PHG)

Philips has PE ratio of 21.90 with a one year low of $28.19 and a one year high of $41.79 and has a market capitalization of $0.

A total of 1 brokerage has issued a ratings update on Philips. One brokerage rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $31.58.

General Company Details For Philips (NYSE:PHG)

Koninklijke Philips N.V. is the Netherlands-based health technology company. The Company's segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, HealthTech Other and Legacy Items. The Personal Health businesses segment is engaged in the health continuum, delivering integrated, connected solutions that support healthier lifestyles and those living with chronic disease. The Diagnosis & Treatment businesses segment delivers precision medicine and treatment, and therapy. The Connected Care & Health Informatics businesses segment provides consumers, care givers and clinicians with digital solutions that facilitate care by enabling precision medicine and population health management. The HealthTech Other segment comprises such items, as innovation, emerging businesses, royalties, among others. The Legacy Items segment consists mainly of separation costs, legacy legal items, legacy pension costs, among others.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *