UBS AG set a €15.00 ($17.44) price objective on STMicroelectronics (EPA:STM) in a research report report published on Monday. The brokerage currently has a sell rating on the semiconductor producer’s stock.

Other equities analysts have also recently issued research reports about the stock. Goldman Sachs Group, Inc. (The) set a €16.30 ($18.95) price objective on shares of STMicroelectronics and gave the stock a neutral rating in a research report on Thursday, September 14th. Barclays PLC set a €20.00 ($23.26) price objective on shares of STMicroelectronics and gave the stock a buy rating in a research report on Friday, October 27th. Deutsche Bank AG set a €14.00 ($16.28) price objective on shares of STMicroelectronics and gave the stock a sell rating in a research report on Friday, October 13th. J P Morgan Chase & Co set a €16.30 ($18.95) price objective on shares of STMicroelectronics and gave the stock a buy rating in a research report on Thursday, October 26th. Finally, Citigroup Inc. set a €15.00 ($17.44) price target on shares of STMicroelectronics and gave the company a neutral rating in a research report on Thursday, July 27th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of €16.56 ($19.26).

Shares of STMicroelectronics (EPA STM) traded down €0.17 ($0.20) during mid-day trading on Monday, reaching €20.20 ($23.49). 3,730,000 shares of the company’s stock were exchanged, compared to its average volume of 2,780,000. STMicroelectronics has a twelve month low of €8.21 ($9.55) and a twelve month high of €21.45 ($24.94).

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About STMicroelectronics

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.

Analyst Recommendations for STMicroelectronics (EPA:STM)

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