Goldman Sachs Group, Inc. (The) set a €16.30 ($18.95) target price on STMicroelectronics (EPA:STM) in a research note published on Friday, October 27th. The firm currently has a neutral rating on the semiconductor producer’s stock.
Several other research firms also recently weighed in on STM. J P Morgan Chase & Co set a €16.30 ($18.95) price objective on shares of STMicroelectronics and gave the company a buy rating in a report on Friday, September 8th. Deutsche Bank AG set a €14.00 ($16.28) price target on shares of STMicroelectronics and gave the stock a sell rating in a report on Friday, October 13th. Citigroup Inc. set a €17.00 ($19.77) price target on shares of STMicroelectronics and gave the stock a neutral rating in a report on Monday, October 16th. S&P Global set a €20.00 ($23.26) price target on shares of STMicroelectronics and gave the stock a neutral rating in a report on Thursday, October 26th. Finally, UBS AG set a €13.00 ($15.12) price target on shares of STMicroelectronics and gave the stock a sell rating in a report on Friday, August 4th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. STMicroelectronics currently has an average rating of Hold and an average price target of €16.56 ($19.26).
Shares of STMicroelectronics (EPA STM) opened at €20.49 ($23.83) on Friday. STMicroelectronics has a 12 month low of €8.21 ($9.55) and a 12 month high of €21.45 ($24.94).
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STMicroelectronics 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.
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