STMicroelectronics (EPA:STM)‘s stock had its “neutral” rating restated by analysts at Credit Suisse Group in a report released on Tuesday.
STM has been the subject of several other reports. J P Morgan Chase & Co set a €16.30 ($19.40) target price on STMicroelectronics and gave the stock a “buy” rating in a research report on Thursday, October 26th. Deutsche Bank set a €16.00 ($19.05) target price on STMicroelectronics and gave the stock a “sell” rating in a research report on Friday, October 27th. Citigroup set a €21.00 ($25.00) target price on STMicroelectronics and gave the stock a “neutral” rating in a research report on Friday, October 27th. Goldman Sachs Group set a €16.30 ($19.40) target price on STMicroelectronics and gave the stock a “neutral” rating in a research report on Friday, October 27th. Finally, UBS restated a “sell” rating on shares of STMicroelectronics in a research report on Thursday, September 14th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of €18.44 ($21.95).
Shares of STMicroelectronics (EPA STM) opened at €18.40 ($21.90) on Tuesday. STMicroelectronics has a one year low of €10.01 ($11.92) and a one year high of €21.45 ($25.54).
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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