Koninklijke Philips NV (NYSE: PHG) stock closed at $26.62 on 10/28/24 after a major decline of -15.9%. Moreover, this decline was accompanied by exceptionally high trading volume at 547% of normal. The stock has declined -16.9% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PHG is expected to continue to be an important Value Builder.
Koninklijke Philips has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Koninklijke Philips has a slightly negative Appreciation Score of 37 but a very high Power Rating of 95, producing the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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