STMicroelectronics (EPA:STM)‘s stock had its “buy” rating reiterated by equities research analysts at Credit Suisse Group in a report released on Tuesday.
STM has been the subject of several other research reports. Baader Bank set a €21.50 ($26.54) price objective on STMicroelectronics and gave the stock a “neutral” rating in a report on Tuesday, November 21st. UBS Group set a €15.00 ($18.52) price objective on STMicroelectronics and gave the stock a “sell” rating in a report on Monday, November 27th. JPMorgan Chase & Co. set a €23.00 ($28.40) price objective on STMicroelectronics and gave the stock a “buy” rating in a report on Monday, February 19th. Deutsche Bank set a €16.00 ($19.75) price objective on STMicroelectronics and gave the stock a “sell” rating in a report on Tuesday, December 26th. Finally, S&P Global set a €21.30 ($26.30) price objective on STMicroelectronics and gave the stock a “buy” rating in a report on Friday, January 26th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of €19.98 ($24.66).
Shares of STMicroelectronics (EPA:STM) opened at €19.40 ($23.95) on Tuesday. STMicroelectronics has a fifty-two week low of €12.40 ($15.31) and a fifty-two week high of €21.45 ($26.48). The company has a market capitalization of $17,590.00 and a price-to-earnings ratio of 66.90.
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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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