electronics firm philips shrs set to rise: barron's - personal care electronics

NEW YORK (Reuters)-
Philips, Dutch Electronics (PHG. AS)(PHG. N)
Barron's said in its latest issue that Barron's is poised to rise by up to 30% due to restructuring including cost cuts, business cuts and entry into emerging markets.
According to Business Week, Philips's American depositary receipts (ADRs)
Led by ceo Gerard Kleisterlee, it rose 23% in two years.
"But Philips and its shares have not yet finished rising," Barron reported in the latest release . ".
"It is estimated that as the company transitions into a new phase and with the two acquisitions announced last year, the company's share price and adverse reactions may rise by another 30% or more.
3 billion euros ($7. 7 billion).
"The acquisition of Respironics and Genlyte has put an end to the restructuring, which has enabled Philips to have a promising business portfolio;
Medical devices.
Household appliances and personal care, as well as lighting and consumer electronics, Barron said.
Phillips adr closed at $37.
The New York Stock Exchange fell 51 cents, close to 52 cents on FridayA weekly low of $34.
There were 91 sets last month.