Exane BNP Paribas Gives Neutral Rating to STMicroelectronics NV (STM)
STMicroelectronics NV (EPA: STM)‘s stock had its “neutral” rating restated by analysts at Exane BNP Paribas in a research report issued to clients and investors on Wednesday. They currently have a $5.62 (€4) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Barclays Capital reiterated an “equalweight” rating on shares of STMicroelectronics NV in a research note to investors on Wednesday, October 10th. They now have a $4.81 price target on the stock. Separately, analysts at Banca Akros reiterated a “buy” rating on shares of STMicroelectronics NV in a research note to investors on Tuesday, October 9th. They now have a $7.14 price target on the stock. Finally, analysts at AlphaValue reiterated a “buy” rating on shares of STMicroelectronics NV in a research note to investors on Tuesday, October 2nd. They now have a $8.72 price target on the stock.
Shares of STMicroelectronics NV traded up 3.98% during mid-day trading on Wednesday, hitting €4.888. STMicroelectronics NV has a 52 week low of €3.638 and a 52 week high of €6.458. The company’s market cap is €4.337 billion.
STMicroelectronics N.V. is a global independent semiconductor company that designs, develops, manufactures and markets a range of semiconductor products used in a variety of microelectronic applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems.
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