ENXTAM:PHIAMedical Equipment
Does Philips Share Price Reflect Its Recovery After Product Safety Settlements?
If you are wondering whether Koninklijke Philips is a bargain or a value trap at around €22.72, this article will walk you through what the numbers actually say, without the noise.
The stock has pulled back recently, down 6.2% over the last week, 7.4% over the past month, and 7.2% year to date, but it is still up 92.9% over three years despite being 37.7% lower than five years ago.
These moves follow a series of developments around product safety settlements and ongoing restructuring, which...