STMicroelectronics NV (EPA:STM) received a €17.00 ($20.00) price objective from stock analysts at Citigroup Inc in a research report issued on Monday, October 16th. The brokerage currently has a “neutral” rating on the semiconductor producer’s stock.
Other analysts also recently issued research reports about the company. BNP Paribas set a €19.00 ($22.35) price objective on STMicroelectronics NV and gave the stock a “buy” rating in a research note on Monday, September 4th. Morgan Stanley set a €11.70 ($13.76) target price on STMicroelectronics NV and gave the stock a “sell” rating in a report on Friday, October 6th. J P Morgan Chase & Co set a €16.30 ($19.18) target price on STMicroelectronics NV and gave the stock a “buy” rating in a report on Friday, September 8th. Deutsche Bank AG reiterated a “sell” rating on shares of STMicroelectronics NV in a report on Friday, June 30th. Finally, Credit Suisse Group set a €16.50 ($19.41) price target on STMicroelectronics NV and gave the company a “neutral” rating in a report on Thursday, July 27th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of €14.94 ($17.57).
STMicroelectronics NV (EPA STM) opened at 19.79 on Monday. The firm’s 50-day moving average is €16.45 and its 200 day moving average is €14.79. STMicroelectronics NV has a one year low of €7.15 and a one year high of €19.83. The company has a market capitalization of €17.57 billion and a PE ratio of 40.47.
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STMicroelectronics NV Company Profile
STMicroelectronics N.V. is a global semiconductor company that designs, develops, manufactures and markets a range of products, including discrete and standard commodity components, and application-specific integrated circuits (ASICs) for analog, digital and mixed-signal applications. The Company’s segments include Automotive and Discrete Group (ADG), Analog and MEMS Group (AMG), Microcontrollers and Digital ICs Group (MDG), and Others.
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