STMicroelectronics NV (STM) Given a €14.00 Price Target by Deutsche Bank AG Analysts
STMicroelectronics NV (EPA:STM) has been given a €14.00 ($16.47) target price by equities researchers at Deutsche Bank AG in a report released on Friday. The brokerage presently has a “sell” rating on the semiconductor producer’s stock.
A number of other equities analysts have also commented on the stock. J P Morgan Chase & Co set a €16.30 ($19.18) price target on shares of STMicroelectronics NV and gave the stock a “buy” rating in a report on Friday, September 8th. Goldman Sachs Group, Inc. (The) set a €13.70 ($16.12) price target on shares of STMicroelectronics NV and gave the stock a “neutral” rating in a report on Monday, June 19th. UBS AG reissued a “sell” rating on shares of STMicroelectronics NV in a report on Thursday, September 14th. BNP Paribas set a €19.00 ($22.35) price target on shares of STMicroelectronics NV and gave the stock a “buy” rating in a report on Monday, September 4th. Finally, Baader Bank set a €15.50 ($18.24) price target on shares of STMicroelectronics NV and gave the stock a “neutral” rating in a report on Friday, September 15th. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of €14.54 ($17.10).
Shares of STMicroelectronics NV (EPA STM) opened at 16.935 on Friday. The firm’s 50 day moving average is €15.77 and its 200-day moving average is €14.61. The company has a market cap of €15.04 billion and a PE ratio of 34.632. STMicroelectronics NV has a 1-year low of €7.06 and a 1-year high of €17.24.
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About STMicroelectronics NV
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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