STMicroelectronics NV (STM) Given a €14.10 Price Target at Goldman Sachs Group, Inc. (The)
Goldman Sachs Group, Inc. (The) set a €14.10 ($16.40) price objective on STMicroelectronics NV (EPA:STM) in a report published on Thursday morning. The firm currently has a neutral rating on the semiconductor producer’s stock.
A number of other analysts also recently commented on the company. Credit Suisse Group set a €16.50 ($19.19) price objective on STMicroelectronics NV and gave the stock a neutral rating in a research note on Thursday. S&P Global set a €16.00 ($18.60) price objective on STMicroelectronics NV and gave the stock a neutral rating in a research note on Thursday. UBS AG set a €15.00 ($17.44) price objective on STMicroelectronics NV and gave the stock a neutral rating in a research note on Wednesday, July 26th. J P Morgan Chase & Co set a €16.30 ($18.95) price objective on STMicroelectronics NV and gave the stock a buy rating in a research note on Tuesday, July 11th. Finally, Deutsche Bank AG reissued a sell rating on shares of STMicroelectronics NV in a research note on Friday, June 30th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of €13.33 ($15.50).
STMicroelectronics NV (STM) opened at 14.24 on Thursday. The stock has a 50 day moving average price of €13.67 and a 200-day moving average price of €13.75. The stock has a market cap of €12.64 billion and a PE ratio of 28.83. STMicroelectronics NV has a 12 month low of €6.07 and a 12 month high of €15.59.
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.
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