Signify (OTCMKTS:PHPPY) Receives Average Rating of “Hold” from Brokerages

Shares of Signify (OTCMKTS:PHPPY – Get Rating) have received an average rating of “Hold” from the six analysts 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 12-month target price among analysts that have updated their coverage on the stock in the last year is $56.00.

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

OTCMKTS:PHPPY remained flat at $$20.86 during midday trading on Monday. 57 shares of the company traded hands, compared to its average volume of 1,598. Signify has a one year low of $20.31 and a one year high of $35.70. The company’s fifty day simple moving average is $23.04 and its 200 day simple moving average is $23.94.

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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