Credit Suisse Group Reaffirms Neutral Rating for STMicroelectronics (STM)

Credit Suisse Group reissued their neutral rating on shares of STMicroelectronics (EPA:STM) in a research report report published on Tuesday.

STM has been the subject of several other research reports. J P Morgan Chase & Co set a €16.30 ($19.40) target price on shares of STMicroelectronics and gave the company a buy rating in a report on Thursday, October 26th. Deutsche Bank set a €16.00 ($19.05) target price on shares of STMicroelectronics and gave the company a sell rating in a report on Friday, October 27th. Citigroup set a €21.00 ($25.00) target price on shares of STMicroelectronics and gave the company a neutral rating in a report on Friday, October 27th. Goldman Sachs Group set a €16.30 ($19.40) target price on shares of STMicroelectronics and gave the company a neutral rating in a report on Friday, October 27th. Finally, UBS reiterated a sell rating on shares of STMicroelectronics in a report on Thursday, September 14th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. The stock has an average rating of Hold and an average target price of €18.44 ($21.95).

Shares of STMicroelectronics (EPA STM) opened at €18.52 ($22.05) on Tuesday. STMicroelectronics has a 1-year low of €10.01 ($11.92) and a 1-year high of €21.45 ($25.54).

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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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