STMicroelectronics NV (EPA:STM) Receives €6.16 Consensus Target Price from Analysts
STMicroelectronics NV (EPA:STM) has been given a consensus rating of “Hold” by the thirteen research firms that are presently covering the stock. Five analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is €6.16 ($6.85).
A number of equities analysts recently weighed in on STM shares. JPMorgan Chase & Co. restated a “sell” rating on shares of STMicroelectronics NV in a report on Tuesday, June 21st. Deutsche Bank AG set a €5.00 ($5.56) price objective on shares of STMicroelectronics NV and gave the stock a “sell” rating in a report on Thursday, June 23rd. BNP Paribas set a €8.60 ($9.56) price objective on shares of STMicroelectronics NV and gave the stock a “buy” rating in a report on Monday, June 27th. Goldman Sachs Group Inc. set a €5.20 ($5.78) price objective on shares of STMicroelectronics NV and gave the stock a “neutral” rating in a report on Tuesday, June 28th. Finally, Barclays PLC set a €5.50 ($6.11) price objective on shares of STMicroelectronics NV and gave the stock a “neutral” rating in a report on Wednesday, July 6th.
STMicroelectronics NV (EPA:STM) opened at 7.266 on Thursday. The company has a market capitalization of €6.42 billion and a price-to-earnings ratio of 86.500. STMicroelectronics NV has a 12-month low of €4.49 and a 12-month high of €7.32. The stock has a 50 day moving average price of €6.85 and a 200-day moving average price of €5.68.
STMicroelectronics NV Company Profile
STMicroelectronics N.V. is a global semiconductor company. The Company is focused on Smart Driving, enabled by digitalization and electrification of the car, and the Internet of Things, including portable and wearable systems, as well as smart home, city and industry 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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