Price target: €100 / €115
Philips second-quarter earnings beat forecast as pandemic fuels demand
Philips delivers Q2 sales of EUR 4.2 billion, with 9% comparable sales growth; net income amounts to EUR 153 million and Adjusted EBITA margin improves 280 basis points to 12.6%; company announces EUR 1.5 billion share buyback program
www.globenewswire.com
PHG has had some issues recently and this is reflected in the stock price, but I expect PHG to continue to bounce up into August.
The recent selling climax, harmonics, indicators, and solid fundamentals - pointing to a nice bounce here. PHG may need to retest the recent low but should still rise in price over the next 30 days. See chart for prediction.
Not...
Alright my loyalest of followers, gather round for another prophecy.
Today a Philips Razor was ordered. Soon it wil be within my grasp. Thus, a sharp look shall be foretold. Such will inspire many a man in the coming times. As the tale of my newest of beards spreads, more men will reach for a Philips device to attain a similar legendary status. All will fail to...
The PEAD projected a bullish outlook for $PHG following a positive under reaction after its earning release placing the stock in Drift A
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Price is stuck in a range market since April 2017.
I expect price to find a resistance and come back to the psychological range.
If price breaks the resistance, ROYAL PHILIPS could Fly to the Upside.
Contextual immersion trading strategy idea.
The Koninklijke Philips N.V. (Dutch company) has a strong upward trend.
The company operated different health technology, in particular, artificial respiration devices.
Due to the spread of the COVID-19, the demand for the company's products rose.
This and other conditions can cause a rise in the share price in the...
I have alot of lightbulbs in my appartment that are ready for replacement. Will this short play out and will I get my discount?
- Not the most perfect bear div on the daily, but it looks convincing enough to me to say that momentum has died.
- PIHA price closed below 4h uptrend line, will the hidden bull div play out? I don't think so personally.
- I also want to...
