Zacks Rating on Koninklijke Philips N.V. (PHG)

Koninklijke Philips N.V. (PHG) : 2 analysts are covering Koninklijke Philips N.V. (PHG) and their average rating on the stock is 2.5, which is read as a Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation.


Shares of Koninklijke Philips N.V. rose by 1.62% in the last five trading days and 8.27% for the last 4 weeks. Koninklijke Philips N.V. is up 9.92% in the last 3-month period. Year-to-Date the stock performance stands at 17.14%. Koninklijke Philips N.V. (NYSE:PHG): stock turned positive on Tuesday. Though the stock opened at $28.99, the bulls momentum made the stock top out at $29.135 level for the day. The stock recorded a low of $28.81 and closed the trading day at $28.81, in the green by 0.21%. The total traded volume for the day was 1,235,498. The stock had closed at $28.75 in the previous days trading.

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.

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