A number of other research analysts also recently weighed in on LIGHT. JPMorgan Chase & Co. reissued a neutral rating on shares of Signify in a research note on Monday, October 8th. Goldman Sachs Group set a €30.00 ($34.88) price target on Signify and gave the company a buy rating in a research note on Friday, October 26th. UBS Group set a €25.00 ($29.07) price target on Signify and gave the company a neutral rating in a research note on Friday, October 26th. Credit Suisse Group set a €19.00 ($22.09) price objective on Signify and gave the stock a sell rating in a research note on Friday, November 9th. Finally, Kepler Capital Markets set a €24.00 ($27.91) price objective on Signify and gave the stock a neutral rating in a research note on Monday, November 19th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The company has a consensus rating of Hold and an average target price of €23.87 ($27.76).
Signify has a 12 month low of €25.50 ($29.65) and a 12 month 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.
Further Reading: What is an SEC Filing?
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