UBS Group set a €15.50 ($19.14) price objective on STMicroelectronics (EPA:STM) in a research report sent to investors on Monday morning, www.boersen-zeitung.de reports. The brokerage currently has a sell rating on the semiconductor producer’s stock.
Other equities research analysts also recently issued research reports about the stock. Goldman Sachs Group set a €21.00 ($25.93) price target on shares of STMicroelectronics and gave the stock a neutral rating in a research note on Thursday, January 18th. JPMorgan Chase & Co. set a €26.00 ($32.10) price target on shares of STMicroelectronics and gave the stock a buy rating in a research note on Friday, January 12th. Barclays set a €24.00 ($29.63) price target on shares of STMicroelectronics and gave the stock a buy rating in a research note on Friday, January 26th. Kepler Capital Markets reaffirmed a neutral rating on shares of STMicroelectronics in a research note on Friday, January 26th. Finally, Deutsche Bank set a €16.00 ($19.75) price target on shares of STMicroelectronics and gave the stock a sell rating in a research note on Wednesday, December 20th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company’s stock. STMicroelectronics currently has a consensus rating of Hold and a consensus target price of €19.98 ($24.66).
STMicroelectronics (STM) opened at €19.86 ($24.52) on Monday. STMicroelectronics has a one year low of €12.40 ($15.31) and a one year high of €21.45 ($26.48). The company has a market cap of $18,030.00 and a price-to-earnings ratio of 68.48.
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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