STMicroelectronics NV (EPA:STM) received a €13.00 ($15.29) price objective from research analysts at UBS AG in a research note issued on Thursday. The firm currently has a “sell” rating on the semiconductor producer’s stock.
Several other equities analysts also recently issued reports on STM. Goldman Sachs Group, Inc. (The) set a €13.70 ($16.12) price objective on STMicroelectronics NV and gave the company a “neutral” rating in a research report on Monday, June 19th. Deutsche Bank AG reiterated a “sell” rating on shares of STMicroelectronics NV in a research report on Friday, June 30th. J P Morgan Chase & Co set a €16.30 ($19.18) price objective on STMicroelectronics NV and gave the company a “buy” rating in a research report on Tuesday, July 11th. S&P Global set a €16.00 ($18.82) price objective on STMicroelectronics NV and gave the company a “neutral” rating in a research report on Thursday, July 27th. Finally, Credit Suisse Group set a €16.50 ($19.41) price objective on STMicroelectronics NV and gave the company a “neutral” rating in a research 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 given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of €14.40 ($16.95).
STMicroelectronics NV (EPA:STM) opened at 16.81 on Thursday. STMicroelectronics NV has a 1-year low of €7.06 and a 1-year high of €17.24. The stock has a 50 day moving average price of €15.70 and a 200 day moving average price of €14.59. The company has a market cap of €14.92 billion and a PE ratio of 34.38.
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About STMicroelectronics NV
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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