Goldman Sachs Group, Inc. (The) set a €16.30 ($19.40) price objective on STMicroelectronics NV (EPA:STM) in a research note released on Thursday. The brokerage currently has a neutral rating on the semiconductor producer’s stock.

Other equities analysts have also recently issued reports about the stock. UBS AG set a €14.80 ($17.62) price target on shares of STMicroelectronics NV and gave the company a neutral rating in a research report on Monday, May 29th. J P Morgan Chase & Co set a €16.30 ($19.40) price target on shares of STMicroelectronics NV and gave the company a neutral rating in a research report on Monday, May 29th. Citigroup Inc. set a €15.00 ($17.86) price target on shares of STMicroelectronics NV and gave the company a neutral rating in a research report on Thursday, July 27th. S&P Global set a €16.00 ($19.05) price target on shares of STMicroelectronics NV and gave the company a neutral rating in a research report on Thursday, July 27th. Finally, Credit Suisse Group set a €16.50 ($19.64) price target on shares of STMicroelectronics NV and gave the company a neutral rating in a research report on Thursday, July 27th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. STMicroelectronics NV presently has a consensus rating of Hold and an average price target of €14.09 ($16.77).

STMicroelectronics NV (EPA:STM) opened at 16.07 on Thursday. The firm has a 50-day moving average of €14.73 and a 200-day moving average of €14.35. STMicroelectronics NV has a 52 week low of €6.87 and a 52 week high of €16.17. The company has a market capitalization of €14.27 billion and a PE ratio of 32.86.

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About STMicroelectronics NV

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and markets semiconductor products, and subsystems and modules worldwide. The company offers a range of products, including discrete and standard commodity components, application-specific integrated circuits, full-custom devices and semi-custom devices, and application-specific standard products for analog, digital, and mixed-signal applications, as well as silicon chips and smartcards.

Analyst Recommendations for STMicroelectronics NV (EPA:STM)

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