Accueil > Actualité
Actualite financiere : Actualite bourse

Philips: Berenberg raises target price

(CercleFinance.com) - Berenberg on Thursday raised its target pricet for the Philips share from 46 euros to 49 euros, maintaining a "buy" rating on the stock.


During its virtual capital markets day last week, Philips outlined its plan to achieve 5%-6% organic sales growth and 10% earnings growth from 2022, the German broker wrote in a note to clients.

"On paper, the plan looks attractive, but achieving it is arguably not a trivial matter", Berenberg warned in the report.

Philips shares are currently up 0.5%.

Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.