STMicroelectronics (EPA:STM) has been assigned a consensus recommendation of “Hold” from the fifteen research firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is €19.98 ($24.66).
STM has been the topic of several research analyst reports. Oddo Bhf set a €24.00 ($29.63) target price on STMicroelectronics and gave the company a “buy” rating in a research report on Friday, December 8th. Goldman Sachs set a €21.00 ($25.93) target price on STMicroelectronics and gave the company a “neutral” rating in a research report on Thursday, January 25th. Credit Suisse Group set a €24.50 ($30.25) target price on STMicroelectronics and gave the company a “buy” rating in a research report on Thursday, January 25th. Deutsche Bank set a €16.00 ($19.75) target price on STMicroelectronics and gave the company a “sell” rating in a research report on Wednesday, December 20th. Finally, JPMorgan Chase & Co. set a €26.00 ($32.10) target price on STMicroelectronics and gave the company a “buy” rating in a research report on Friday, January 12th.
Shares of STMicroelectronics stock traded up €0.08 ($0.10) during trading on Wednesday, hitting €19.87 ($24.53). The company had a trading volume of 1,220,000 shares, compared to its average volume of 2,270,000. STMicroelectronics has a 52 week low of €12.40 ($15.31) and a 52 week high of €21.45 ($26.48). The company has a market cap of $18,200.00 and a price-to-earnings ratio of 68.52.
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STMicroelectronics N.V., together with its subsidiaries, develops, manufactures, and markets semiconductor products worldwide. It operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The company offers a range of products, including discrete and standard commodity components, application-specific integrated circuits, full-custom and semi-custom devices, and application-specific standard products for analog, digital, and mixed-signal applications, as well as silicon chips and smartcards.
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