Goldman Sachs Group set a €28.00 ($32.56) target price on Signify (AMS:LIGHT) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
LIGHT has been the topic of a number of other research reports. JPMorgan Chase & Co. began coverage on Pinduoduo in a research note on Tuesday, July 9th. They issued an underweight rating and a $20.48 target price on the stock. Jefferies Financial Group lowered their target price on Seres Therapeutics from $6.00 to $4.00 and set a hold rating on the stock in a research note on Monday, July 1st. UBS Group restated a hold rating and issued a $7.80 target price on shares of Deutsche Bank in a research note on Friday, April 26th. Finally, Societe Generale set a €33.50 ($38.95) price target on Duerr and gave the stock a neutral rating in a research note on Friday, June 28th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. Signify has a consensus rating of Hold and an average target price of €24.20 ($28.14).
Signify has a 52 week low of €25.50 ($29.65) and a 52 week high of €36.06 ($41.93).
Philips Lighting NV is a company based in the Netherlands that provides lamps and lighting solutions. Its product portfolio includes, among others, incandescent lamps, halogen lamps, fluorescent lamps, linear fluorescent lamps (LFL), compact fluorescent lamps (CFL), high-intensity discharge lamps (HID) and light-emitting diodes (LED), as well as electronic components, such as electronic ballasts and drivers.
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