As this happened, Exane BNP Paribas upgraded its Koninklijke Philips N.V. ADR [PHG] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in mid February from “a Neutral” to “a Buy”. Jefferies also remained covering PHG and has increased its forecast on October 29, 2024 with a “Hold” recommendation from previously “an Underperform” rating. Bernstein revised its rating on May 13, 2024. It rated PHG as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of PHG
On Monday, Koninklijke Philips N.V. ADR [NYSE:PHG] saw its stock jump 2.04% to $25.04. Over the last five days, the stock has lost -2.34%. Koninklijke Philips N.V. ADR shares have fallen nearly -1.11% since the year began. Nevertheless, the stocks have fallen -0.40% over the past one year. While a 52-week high of $32.91 was reached on 02/13/25, a 52-week low of $21.48 was recorded on 04/07/25. SMA at 50 days reached $25.02, while 200 days put it at $27.34.
Levels Of Support And Resistance For PHG Stock
The 24-hour chart illustrates a support level at 24.83, which if violated will result in even more drops to 24.62. On the upside, there is a resistance level at 25.31. A further resistance level may holdings at 25.58. The Relative Strength Index (RSI) on the 14-day chart is 53.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.39%. Stochastics %K at 44.36% indicates the stock is a holding.
