STMicroelectronics NV (EPA:STM)‘s stock had its “buy” rating reaffirmed by J P Morgan Chase & Co in a research report issued on Thursday.

A number of other analysts have also issued reports on the company. BNP Paribas set a €19.00 ($22.62) price target on STMicroelectronics NV and gave the stock a “buy” rating in a research note on Monday, September 4th. UBS AG set a €13.00 ($15.48) price target on STMicroelectronics NV and gave the stock a “sell” rating in a research note on Friday, August 4th. Citigroup Inc. set a €15.00 ($17.86) price target on STMicroelectronics NV and gave the stock a “neutral” rating in a research note on Thursday, July 27th. Goldman Sachs Group, Inc. (The) set a €14.10 ($16.79) price target on STMicroelectronics NV and gave the stock a “neutral” rating in a research note on Thursday, July 27th. Finally, Credit Suisse Group set a €16.50 ($19.64) price target on STMicroelectronics NV and gave the stock a “neutral” rating in a research note on Thursday, July 27th. Four 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 company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of €14.09 ($16.77).

Shares of STMicroelectronics NV (EPA:STM) traded down 0.06% during mid-day trading on Thursday, hitting €16.07. The stock had a trading volume of 17,138,626 shares. STMicroelectronics NV has a one year low of €6.87 and a one year high of €16.17. The stock has a market cap of €14.27 billion and a P/E ratio of 32.86. The firm has a 50 day moving average of €14.73 and a 200-day moving average of €14.35.

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About STMicroelectronics NV

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.

Analyst Recommendations for STMicroelectronics NV (EPA:STM)

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