STMicroelectronics NV (EPA:STM) has been assigned a €14.00 ($16.47) target price by equities researchers at Deutsche Bank AG in a research note issued on Friday. The brokerage presently has a “sell” rating on the semiconductor producer’s stock.
STM has been the topic of several other reports. BNP Paribas set a €19.00 ($22.35) price objective on shares of STMicroelectronics NV and gave the company a “buy” rating in a report on Monday, September 4th. Morgan Stanley set a €11.70 ($13.76) price objective on shares of STMicroelectronics NV and gave the company a “sell” rating in a report on Friday, October 6th. J P Morgan Chase & Co set a €16.30 ($19.18) price objective on shares of STMicroelectronics NV and gave the company a “buy” rating in a report on Friday, September 8th. Credit Suisse Group set a €16.50 ($19.41) price objective on shares of STMicroelectronics NV and gave the company a “neutral” rating in a report on Thursday, July 27th. Finally, Baader Bank set a €15.50 ($18.24) price objective on shares of STMicroelectronics NV and gave the company a “neutral” rating in a report on Friday, September 15th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of €14.54 ($17.10).
Shares of STMicroelectronics NV (EPA:STM) opened at 16.93 on Friday. STMicroelectronics NV has a 12 month low of €7.06 and a 12 month high of €17.24. The stock has a 50 day moving average price of €15.77 and a 200-day moving average price of €14.61. The company has a market capitalization of €15.03 billion and a PE ratio of 34.62.
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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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