Kepler Capital analyst Oliver Reinberg maintained a Hold rating on Koninklijke Philips (NYSE:PHG) on Monday, setting a price target of EUR44, which is approximately 5.91% above the present share price of $48.15.
Reinberg expects Koninklijke Philips to post earnings per share (EPS) of $3.26 for the fourth quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Hold rating of shares in Koninklijke Philips, with an average price target of $51.
The analysts price targets range from a high of $51 to a low of $51.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $4.16 billion and a net profit of $331 million. The company's market cap is $43.83 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 -2.8% and a 47.64% 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.