Deutsche Bank AG Reiterates “€14.00” Price Target for STMicroelectronics NV (STM)

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.

TRADEMARK VIOLATION WARNING: This article was posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this article on another domain, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The legal version of this article can be viewed at https://www.com-unik.info/2017/10/13/deutsche-bank-ag-reiterates-14-00-price-target-for-stmicroelectronics-nv-stm.html.

STMicroelectronics NV 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 NV (EPA:STM)

What are top analysts saying about STMicroelectronics NV? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for STMicroelectronics NV and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit