Deutsche Bank AG Analysts Give STMicroelectronics NV (STM) a €5.50 Price Target
STMicroelectronics NV (EPA:STM) has been assigned a €5.50 ($6.11) price objective by investment analysts at Deutsche Bank AG in a report released on Friday. The firm currently has a a “sell” rating on the stock.
A number of other research firms also recently commented on STM. BNP Paribas set a €9.30 ($10.33) target price on STMicroelectronics NV and gave the stock a “buy” rating in a research report on Monday, September 19th. Citigroup Inc. reiterated a “neutral” rating on shares of STMicroelectronics NV in a research report on Thursday, September 8th. Bank of America Corp. set a €4.50 ($5.00) target price on STMicroelectronics NV and gave the stock a “sell” rating in a research report on Friday, September 2nd. Baader Bank set a €8.40 ($9.33) target price on STMicroelectronics NV and gave the stock a “buy” rating in a research report on Tuesday, September 27th. Finally, Morgan Stanley reiterated a “neutral” rating on shares of STMicroelectronics NV in a research report on Monday. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of €6.20 ($6.89).
Shares of STMicroelectronics NV (EPA:STM) opened at 7.201 on Friday. The firm has a 50 day moving average price of €6.98 and a 200-day moving average price of €5.82. STMicroelectronics NV has a 52 week low of €4.49 and a 52 week high of €7.54. The firm has a market capitalization of €6.36 billion and a P/E ratio of 85.726.
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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