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Barclays Reaffirms Their Buy Rating on Koninklijke Philips N.V. (0LNG)

Tipranks - Tipranks - Wed Feb 11, 5:38AM CST

Barclays analyst Hassan Al-Wakeel maintained a Buy rating on Koninklijke Philips N.V. today and set a price target of €28.00.

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According to TipRanks, Al-Wakeel is an analyst with an average return of 0.0% and a 46.88% success rate. Al-Wakeel covers the Healthcare sector, focusing on stocks such as Straumann Holding AG, EssilorLuxottica SA, and Koninklijke Philips N.V..

In addition to Barclays, Koninklijke Philips N.V. also received a Buy from UBS’s Graham Doyle in a report issued today. However, on the same day, Bernstein maintained a Hold 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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