Koninklijke Philips N.V. (0LNG) Gets a Hold from Bernstein
In a report released today, Susannah Ludwig from Bernstein maintained a Hold rating on Koninklijke Philips N.V., with a price target of €22.70.
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According to TipRanks, Ludwig is an analyst with an average return of -5.8% and a 28.89% success rate. Ludwig covers the Healthcare sector, focusing on stocks such as Carl Zeiss Meditec, Koninklijke Philips N.V., and Sartorius.
In addition to Bernstein, Koninklijke Philips N.V. also received a Hold from Citi’s Veronika Dubajova in a report issued on January 9. However, yesterday, Barclays maintained a Buy rating on Koninklijke Philips N.V. (LSE: 0LNG).
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
Read More on GB:0LNG:
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- Philips price target raised to EUR 25 from EUR 23 at Citi
- Philips initiated with a Sector Perform at RBC Capital
- Philips price target lowered to EUR 25 from EUR 27 at Morgan Stanley
- Philips to acquire SpectraWAVE, terms undisclosed
- Hold Rating for Koninklijke Philips N.V. Amid Sector Challenges and Company-Specific Uncertainties
