STMicroelectronics (STM) Given a €15.00 Price Target by UBS AG Analysts
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).
WARNING: This report was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this report on another website, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this report can be accessed at https://www.thecerbatgem.com/2017/11/14/stmicroelectronics-stm-given-a-15-00-price-target-by-ubs-ag-analysts.html.
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.
Receive News & Stock Ratings for STMicroelectronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STMicroelectronics and related stocks with our FREE daily email newsletter.