Shares of STMicroelectronics NV (EPA:STM) have been assigned a consensus rating of “Hold” from the thirteen research firms that are covering the firm. Five investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is €6.16 ($6.85).
STM has been the subject of several recent analyst reports. BNP Paribas set a €9.30 ($10.33) target price on shares of STMicroelectronics NV and gave the stock a “buy” rating in a research note on Monday, September 19th. Citigroup Inc. restated a “neutral” rating on shares of STMicroelectronics NV in a research note on Thursday, September 8th. Bank of America Corp. set a €4.50 ($5.00) target price on shares of STMicroelectronics NV and gave the stock a “sell” rating in a research note on Friday, September 2nd. Baader Bank set a €8.40 ($9.33) target price on shares of STMicroelectronics NV and gave the stock a “buy” rating in a research note on Tuesday, September 27th. Finally, JPMorgan Chase & Co. restated a “sell” rating on shares of STMicroelectronics NV in a research note on Tuesday, June 21st.
STMicroelectronics NV (EPA:STM) opened at 7.241 on Thursday. The firm has a market capitalization of €6.40 billion and a price-to-earnings ratio of 86.202. STMicroelectronics NV has a 12-month low of €4.49 and a 12-month high of €7.32. The firm has a 50-day moving average of €6.87 and a 200 day moving average of €5.70.
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 & 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 companies with MarketBeat.com's FREE daily email newsletter.