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Price
Target price
€18.60

€18.60

-1.410%
-0.266
-1.410%
€20.00
 
28.03.24 / Tradegate WKN: 940602 / Symbol: PHGFF / Name: Philips / Stock / Healthcare Equipment & Supplies / Large Cap /
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Koninklijke Philips Electronics Stock

A loss of -1.410% shows a downward development for Koninklijke Philips Electronics.
The community is currently still undecided about Koninklijke Philips Electronics with 1 Buy predictions and 0 Sell predictions.
With a target price of 20 € there is a slightly positive potential of 7.5% for Koninklijke Philips Electronics compared to the current price of 18.6 €.
So far the community has only identified positive things for Koninklijke Philips Electronics stock. The most positive votes were given for criterium "Worthwhile Investment for the next years".

Pros and Cons of Koninklijke Philips Electronics in the next few years

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Performance of Koninklijke Philips Electronics vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Koninklijke Philips Electronics -1.410% -1.095% 1.109% 23.994% -12.100% -61.414% -48.890%
QuidelOrtho Corp. 2.390% 2.179% 7.014% -45.000% -34.311% -58.750% -
Boston Scientific 0.250% 1.961% 2.621% 41.718% 23.328% 95.833% 88.697%
Illumina Inc. -0.250% 0.205% -2.106% -35.413% -0.903% -62.657% -52.891%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-04-15

Upon first glance at the financial statements of Philips (US symbol PHGFF) from the Healthcare Equipment & Supplies industry, it can be observed that the company has experienced a decline in its net income over the years. However, the company's total assets seem to be increasing, indicating potential growth opportunities. As a financial analyst, it is imperative to look deeper into the company's financials and analyze the underlying trends before formulating an opinion.

Increasing Total Assets: Philips' total assets have increased from €27.71 billion in 2020 to €30.69 billion in 2022. This implies that the company is growing and potentially investing in business expansion, which could lead to future profitability.

Consistent Gross Profit: The company has been able to maintain a consistent gross profit over the years – €8.78 billion in 2020, €7.17 billion in 2021, and €7.19 billion in 2022. A stable gross profit implies that Philips can manage its cost of goods sold and maintain a competitive edge in the industry.