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Jefferies Remains a Hold on Koninklijke Philips N.V. (0LNG)

Tipranks - Tipranks - Wed Feb 11, 4:02AM CST

Jefferies analyst James Vane maintained a Hold rating on Koninklijke Philips N.V. today and set a price target of €25.00.

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Vane covers the Healthcare sector, focusing on stocks such as SCHOTT Pharma AG & Co. KGaA, Gerresheimer, and Fresenius SE & Co. KGaA. According to TipRanks, Vane has an average return of -1.2% and a 49.48% success rate on recommended stocks.

In addition to Jefferies, Koninklijke Philips N.V. also received a Hold from RBC Capital’s Natalia Webster in a report issued today. However, on the same day, Barclays maintained a Buy rating on Koninklijke Philips N.V. (LSE: 0LNG).

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Based on Koninklijke Philips N.V.’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €4.3 billion and a net profit of €184 million. In comparison, last year the company earned a revenue of €4.38 billion and had a net profit of €181 million

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