Philips NV : Buyers are coming back
Entry price | Target | Stop-loss | Potential |
---|
€47.22 |
€56 |
€44 |
+18.59% |
---|
Market participant are once again showing interest in shares in Koninklijke Philips N.V.. The technical chart pattern now appears positive for the short term with new upside potential.
Strengths● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The tendency within the weekly time frame is positive above the technical support level at 37.17 EUR
Weaknesses● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● Analysts covering the stock have recently lowered their earnings forecast.
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