Credit Suisse Group set a €19.50 ($23.21) price objective on STMicroelectronics (EPA:STM) in a report issued on Monday morning. The firm currently has a neutral rating on the semiconductor producer’s stock.
Other research analysts have also issued reports about the stock. J P Morgan Chase & Co set a €16.30 ($19.40) price target on shares of STMicroelectronics and gave the stock a buy rating in a research note on Thursday, October 26th. BNP Paribas set a €19.00 ($22.62) price target on shares of STMicroelectronics and gave the stock a buy rating in a research note on Monday, September 4th. Barclays set a €20.00 ($23.81) price target on shares of STMicroelectronics and gave the stock a buy rating in a research note on Friday, October 27th. Oddo Bhf set a €17.50 ($20.83) price target on shares of STMicroelectronics and gave the stock a buy rating in a research note on Friday, October 27th. Finally, Goldman Sachs Group set a €16.30 ($19.40) target price on shares of STMicroelectronics and gave the stock a neutral rating in a research report on Thursday, September 14th. Four analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of €18.31 ($21.79).
STMicroelectronics (EPA:STM) opened at €18.08 ($21.52) on Monday. STMicroelectronics has a one year low of €9.50 ($11.31) and a one year high of €21.45 ($25.54).
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STMicroelectronics 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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