STMicroelectronics NV (STM) Given a €5.50 Price Target by Deutsche Bank AG Analysts
STM has been the topic of a number of other reports. BNP Paribas set a €9.30 ($10.33) target price on STMicroelectronics NV and gave the stock a buy rating in a report on Monday, September 19th. Citigroup Inc. reiterated a neutral rating on shares of STMicroelectronics NV in a research report on Thursday, September 8th. Bank of America Corp. set a €4.50 ($5.00) price objective on STMicroelectronics NV and gave the stock a sell rating in a research report on Friday, September 2nd. Baader Bank set a €8.40 ($9.33) price objective on STMicroelectronics NV and gave the stock a buy rating in a research report on Tuesday, September 27th. Finally, Morgan Stanley restated a neutral rating on shares of STMicroelectronics NV in a research report on Monday, October 10th. Five analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of €6.20 ($6.89).
STMicroelectronics NV (EPA:STM) traded up 1.754% on Friday, hitting €7.366. 627,490 shares of the stock were exchanged. The company’s 50-day moving average is €6.99 and its 200-day moving average is €5.83. STMicroelectronics NV has a 52 week low of €4.49 and a 52 week high of €7.54. The company has a market cap of €6.51 billion and a PE ratio of 87.690.
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.
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