Goldman Sachs Group, Inc. (The) set a €16.30 ($19.40) price target on STMicroelectronics NV (EPA:STM) in a research report sent to investors on Thursday. The firm currently has a neutral rating on the semiconductor producer’s stock.

A number of other equities analysts have also recently issued reports on STM. UBS AG set a €14.80 ($17.62) target price on shares of STMicroelectronics NV and gave the stock a neutral rating in a report on Monday, May 29th. Credit Suisse Group set a €16.50 ($19.64) price target on shares of STMicroelectronics NV and gave the company a neutral rating in a research note on Thursday, July 27th. Citigroup Inc. set a €15.00 ($17.86) price target on shares of STMicroelectronics NV and gave the company a neutral rating in a research note on Thursday, July 27th. S&P Global set a €16.00 ($19.05) price target on shares of STMicroelectronics NV and gave the company a neutral rating in a research note on Thursday, July 27th. Finally, J P Morgan Chase & Co set a €16.30 ($19.40) price target on shares of STMicroelectronics NV and gave the company a neutral rating in a research note on Monday, May 29th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. STMicroelectronics NV has a consensus rating of Hold and an average target price of €14.09 ($16.77).

STMicroelectronics NV (EPA:STM) opened at 16.07 on Thursday. The firm has a market cap of €14.27 billion and a PE ratio of 32.86. The firm’s 50-day moving average price is €14.73 and its 200 day moving average price is €14.35. STMicroelectronics NV has a 52-week low of €6.87 and a 52-week high of €16.17.

TRADEMARK VIOLATION WARNING: “STMicroelectronics NV (STM) Given a €16.30 Price Target by Goldman Sachs Group, Inc. (The) Analysts” was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/09/18/stmicroelectronics-nv-stm-given-a-16-30-price-target-by-goldman-sachs-group-inc-the-analysts.html.

STMicroelectronics NV Company Profile

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and markets semiconductor products, and subsystems and modules worldwide. The company offers a range of products, including discrete and standard commodity components, application-specific integrated circuits, full-custom devices and semi-custom devices, and application-specific standard products for analog, digital, and mixed-signal applications, as well as silicon chips and smartcards.

Analyst Recommendations for STMicroelectronics NV (EPA:STM)

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.