Signify (OTCMKTS:PHPPY) Given Average Recommendation of “Hold” by Brokerages

Shares of Signify (OTCMKTS:PHPPY – Get Rating) have been given a consensus rating of “Hold” by the six brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $56.00.

Separately, JPMorgan Chase & Co. upped their target price on shares of Signify from €55.00 ($59.14) to €56.00 ($60.22) in a report on Thursday, March 31st.

Shares of PHPPY stock traded down $0.05 on Monday, reaching $21.38. The stock had a trading volume of 4,700 shares, compared to its average volume of 1,616. The firm’s 50-day moving average is $23.65 and its two-hundred day moving average is $24.04. Signify has a 12 month low of $20.31 and a 12 month high of $35.70.

Signify Company Profile (Get Rating)

Signify N.V. provides lighting products, systems, and services in Europe, the Americas, and internationally. The company operates through Digital Solutions, Digital Products, and Conventional Products segments. It offers light-emitting diode (LED) and conventional luminaires, systems, and services for various market segments comprising offices, commercial buildings, shops, hospitality, industry, agriculture, and outdoor environments.

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