STMicroelectronics NV (STM) Receives €20.02 Average PT from Brokerages

Shares of STMicroelectronics NV (EPA:STM) have been assigned a consensus recommendation of “Hold” from the fifteen analysts that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and eight have given a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is €20.02 ($24.71).

Several research analysts have recently commented on the company. JPMorgan Chase & Co. set a €16.30 ($20.12) price target on STMicroelectronics and gave the stock a “buy” rating in a report on Thursday, October 26th. Credit Suisse Group set a €24.50 ($30.25) price target on STMicroelectronics and gave the stock a “buy” rating in a report on Thursday, January 11th. S&P Global set a €21.30 ($26.30) price objective on shares of STMicroelectronics and gave the company a “buy” rating in a report on Friday, January 26th. UBS Group set a €15.50 ($19.14) price objective on shares of STMicroelectronics and gave the company a “sell” rating in a report on Thursday, January 25th. Finally, Deutsche Bank set a €16.00 ($19.75) price objective on shares of STMicroelectronics and gave the company a “sell” rating in a report on Friday, October 27th.

STMicroelectronics (EPA STM) traded down €0.17 ($0.21) during midday trading on Tuesday, hitting €17.13 ($21.15). The stock had a trading volume of 3,840,000 shares, compared to its average volume of 2,600,000. STMicroelectronics has a fifty-two week low of €12.40 ($15.31) and a fifty-two week high of €21.45 ($26.48). The stock has a market cap of $15,620.00 and a price-to-earnings ratio of 59.07.

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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.

Analyst Recommendations for STMicroelectronics (EPA:STM)

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