STMicroelectronics NV (STM) Given a €10.00 Price Target by Oddo Securities Analysts
A number of other equities analysts also recently commented on the stock. Deutsche Bank AG set a €6.30 ($6.77) target price on shares of STMicroelectronics NV and gave the company a sell rating in a research note on Monday, November 7th. S&P Global Inc. set a €8.00 ($8.60) target price on shares of STMicroelectronics NV and gave the company a neutral rating in a research note on Friday, October 28th. Credit Suisse Group AG set a €6.50 ($6.99) target price on shares of STMicroelectronics NV and gave the company a sell rating in a research note on Friday, October 28th. JPMorgan Chase & Co. set a €5.60 ($6.02) target price on shares of STMicroelectronics NV and gave the company a sell rating in a research note on Monday, October 24th. Finally, Morgan Stanley reissued a neutral rating on shares of STMicroelectronics NV in a research note on Monday, October 10th. Five investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of €6.60 ($7.10).
Shares of STMicroelectronics NV (EPA:STM) opened at 9.198 on Tuesday. STMicroelectronics NV has a 52 week low of €4.49 and a 52 week high of €9.32. The firm has a market cap of €8.12 billion and a P/E ratio of 153.300. The stock’s 50 day moving average is €7.92 and its 200 day moving average is €6.43.
About STMicroelectronics NV
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.
Receive News & Stock Ratings for STMicroelectronics NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STMicroelectronics NV and related stocks with our FREE daily email newsletter.