STMicroelectronics (EPA:STM) received a €17.70 ($20.58) price target from research analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Thursday. The brokerage currently has a “neutral” rating on the semiconductor producer’s stock. Goldman Sachs Group, Inc. (The)’s price objective suggests a potential downside of 13.02% from the company’s current price.

STM has been the topic of several other reports. BNP Paribas set a €19.00 ($22.09) price target on shares of STMicroelectronics and gave the company a “buy” rating in a report on Monday, September 4th. Morgan Stanley set a €11.70 ($13.60) price target on shares of STMicroelectronics and gave the company a “sell” rating in a report on Friday, October 6th. Oddo Bhf set a €22.00 ($25.58) price target on shares of STMicroelectronics and gave the company a “buy” rating in a report on Friday, November 3rd. J P Morgan Chase & Co set a €16.30 ($18.95) price target on shares of STMicroelectronics and gave the company a “buy” rating in a report on Friday, September 8th. Finally, Citigroup Inc. set a €17.00 ($19.77) price target on shares of STMicroelectronics and gave the company a “neutral” rating in a report on Monday, October 16th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of €16.60 ($19.30).

Shares of STMicroelectronics (STM) opened at €20.35 ($23.66) on Thursday. STMicroelectronics has a 1-year low of €8.40 ($9.77) and a 1-year 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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