Kepler Capital analyst Oliver Reinberg maintained a Hold rating on Koninklijke Philips (NYSE:PHG) on Wednesday, setting a price target of EUR45, which is approximately 7.46% above the present share price of $50.01.
Reinberg expects Koninklijke Philips to post earnings per share (EPS) of $0.04 for the second quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Sell rating of shares in Koninklijke Philips, with an average price target of $56.72.
The analysts price targets range from a high of $59.71 to a low of $53.74.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $3.83 billion and a net profit of -$52 million. The company's market cap is $45.58 billion.
According to TipRanks.com, Kepler Capital analyst Oliver Reinberg is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.9% and a 41.90% success rate.
Founded in 1891 and based in the Netherlands, Royal Philips NV is a health technology company, which is engaged in the healthcare, lighting, and consumer well-being markets. It operates through the following segments: Diagnosis & Treatment, Connected Care, and Personal Health.