BNP Paribas Analysts Give STMicroelectronics NV (STM) a €9.30 Price Target
Several other research analysts have also recently issued reports on STM. JPMorgan Chase & Co. reissued a sell rating on shares of STMicroelectronics NV in a research note on Tuesday, June 21st. Deutsche Bank AG set a €5.00 ($5.56) price target on STMicroelectronics NV and gave the stock a sell rating in a research note on Thursday, June 23rd. Goldman Sachs Group Inc. set a €5.20 ($5.78) price target on STMicroelectronics NV and gave the stock a neutral rating in a research note on Tuesday, June 28th. Barclays PLC set a €5.50 ($6.11) price target on STMicroelectronics NV and gave the stock a neutral rating in a research note on Wednesday, July 6th. Finally, S&P Global Inc. set a €6.50 ($7.22) price target on STMicroelectronics NV and gave the stock a neutral rating in a research note on Thursday, July 28th. Five analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of €5.96 ($6.62).
Shares of STMicroelectronics NV (EPA:STM) opened at 7.263 on Monday. STMicroelectronics NV has a 12-month low of €4.49 and a 12-month high of €7.31. The firm has a 50-day moving average price of €6.75 and a 200 day moving average price of €5.60. The stock has a market cap of €6.42 billion and a PE ratio of 86.464.
STMicroelectronics NV Company Profile
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.
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