STMicroelectronics NV (EPA:STM) Given a €14.00 Price Target at Deutsche Bank AG

Deutsche Bank AG set a €14.00 ($16.47) price objective on STMicroelectronics NV (EPA:STM) in a research note released on Friday, October 13th. The firm currently has a sell rating on the semiconductor producer’s stock.

A number of other equities analysts have also recently issued reports on the stock. UBS AG set a €13.00 ($15.29) price objective on shares of STMicroelectronics NV and gave the stock a sell rating in a research report on Thursday, October 12th. Morgan Stanley set a €11.70 ($13.76) price target on shares of STMicroelectronics NV and gave the company a sell rating in a research report on Friday, October 6th. Baader Bank set a €15.50 ($18.24) price target on shares of STMicroelectronics NV and gave the company a neutral rating in a research report on Friday, September 15th. Goldman Sachs Group, Inc. (The) set a €16.30 ($19.18) price target on shares of STMicroelectronics NV and gave the company a neutral rating in a research report on Thursday, September 14th. Finally, J P Morgan Chase & Co reaffirmed a buy rating on shares of STMicroelectronics NV in a research report on Thursday, September 14th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company’s stock. STMicroelectronics NV currently has a consensus rating of Hold and a consensus target price of €14.67 ($17.26).

STMicroelectronics NV (STM) opened at 17.605 on Friday. STMicroelectronics NV has a one year low of €7.15 and a one year high of €17.61. The stock’s 50 day moving average price is €16.33 and its 200-day moving average price is €14.74. The stock has a market cap of €15.63 billion and a P/E ratio of 36.002.

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STMicroelectronics NV Company Profile

STMicroelectronics N.V. is a global semiconductor company that designs, develops, manufactures and markets a range of products, including discrete and standard commodity components, and application-specific integrated circuits (ASICs) for analog, digital and mixed-signal applications. The Company’s segments include Automotive and Discrete Group (ADG), Analog and MEMS Group (AMG), Microcontrollers and Digital ICs Group (MDG), and Others.

Analyst Recommendations for STMicroelectronics NV (EPA:STM)

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