Somewhat Positive News Coverage Somewhat Unlikely to Affect Koninklijke Philips (PHG) Share Price

Media stories about Koninklijke Philips (NYSE:PHG) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Koninklijke Philips earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.5334027746797 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:

Several analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Koninklijke Philips from a “sell” rating to a “hold” rating in a research report on Monday, May 14th. ValuEngine cut shares of Koninklijke Philips from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. Berenberg Bank raised shares of Koninklijke Philips from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. Finally, Deutsche Bank upgraded shares of Koninklijke Philips from a “hold” rating to a “buy” rating in a report on Tuesday, April 17th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $40.50.

Shares of Koninklijke Philips stock traded down $0.30 on Tuesday, reaching $42.94. The stock had a trading volume of 752,268 shares, compared to its average volume of 1,406,980. The company has a quick ratio of 1.13, a current ratio of 1.47 and a debt-to-equity ratio of 0.34. Koninklijke Philips has a 1 year low of $34.99 and a 1 year high of $43.45. The company has a market cap of $39.81 billion, a P/E ratio of 34.63, a PEG ratio of 2.13 and a beta of 1.28.

About Koninklijke Philips

Koninklijke Philips N.V. operates as a health technology company worldwide. It operates through Personal Health, Diagnosis & Treatment, Connected Care & Health Informatics, and HealthTech Other segments. The company offers mother and child care, and oral healthcare products; male grooming and beauty products; kitchen appliance, coffee, air, garment care, and floor care products; and sleep, respiratory care, and respiratory drug delivery products.

Insider Buying and Selling by Quarter for Koninklijke Philips (NYSE:PHG)

Receive News & Ratings for Koninklijke Philips Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koninklijke Philips and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply