STMicroelectronics NV (STM) PT Set at €15.50 by Baader Bank
STMicroelectronics NV (EPA:STM) has been assigned a €15.50 ($18.45) price objective by Baader Bank in a research report issued to clients and investors on Friday. The brokerage currently has a “neutral” rating on the semiconductor producer’s stock.
A number of other analysts have also weighed in on STM. J P Morgan Chase & Co restated a “neutral” rating and set a target price on shares of STMicroelectronics NV in a research note on Saturday, May 20th. UBS AG set a €14.80 ($17.62) target price on shares of STMicroelectronics NV and gave the stock a “neutral” rating in a research note on Saturday, May 20th. Deutsche Bank AG set a €12.00 ($14.29) price target on shares of STMicroelectronics NV and gave the company a “sell” rating in a research note on Saturday, May 20th. Finally, Goldman Sachs Group, Inc. (The) set a €13.70 ($16.31) price target on shares of STMicroelectronics NV and gave the company a “neutral” rating in a research note on Monday, June 19th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. STMicroelectronics NV currently has an average rating of “Hold” and an average target price of €14.09 ($16.77).
Shares of STMicroelectronics NV (EPA STM) opened at 16.035 on Friday. The company has a market capitalization of €14.24 billion and a PE ratio of 32.791. STMicroelectronics NV has a 12-month low of €6.81 and a 12-month high of €16.18. The stock has a 50 day moving average of €14.69 and a 200-day moving average of €14.34.
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STMicroelectronics NV Company Profile
STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and markets semiconductor products, and subsystems and modules worldwide. The company offers a range of products, including discrete and standard commodity components, application-specific integrated circuits, full-custom devices and semi-custom devices, and application-specific standard products for analog, digital, and mixed-signal applications, as well as silicon chips and smartcards.
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