Oddo Bhf Analysts Give STMicroelectronics NV (STM) a €22.00 Price Target
STMicroelectronics NV (EPA:STM) has been assigned a €22.00 ($25.88) target price by stock analysts at Oddo Bhf in a report issued on Friday. The brokerage presently has a “buy” rating on the semiconductor producer’s stock.
STM has been the topic of several other reports. J P Morgan Chase & Co set a €16.30 ($19.18) target price on shares of STMicroelectronics NV and gave the stock a “buy” rating in a research report on Thursday, October 26th. Deutsche Bank AG set a €16.00 ($18.82) target price on shares of STMicroelectronics NV and gave the stock a “sell” rating in a research report on Friday, October 27th. Citigroup Inc. set a €21.00 ($24.71) price target on shares of STMicroelectronics NV and gave the company a “neutral” rating in a report on Friday, October 27th. Goldman Sachs Group, Inc. (The) set a €16.30 ($19.18) price target on shares of STMicroelectronics NV and gave the company a “neutral” rating in a report on Friday, October 27th. Finally, UBS AG restated a “sell” rating on shares of STMicroelectronics NV in a report on Thursday, September 14th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of €16.51 ($19.43).
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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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