STMicroelectronics (STM) Given a €15.00 Price Target by JPMorgan Chase & Co. Analysts
JPMorgan Chase & Co. set a €15.00 ($17.44) price target on STMicroelectronics (EPA:STM) in a report published on Thursday. The firm currently has a buy rating on the semiconductor producer’s stock.
Several other equities research analysts also recently commented on the stock. Credit Suisse Group set a €18.00 ($20.93) price objective on shares of STMicroelectronics and gave the company a buy rating in a report on Wednesday. Bank of America set a €15.20 ($17.67) price objective on shares of STMicroelectronics and gave the company a neutral rating in a report on Monday. Barclays set a €18.00 ($20.93) price objective on shares of STMicroelectronics and gave the company a buy rating in a report on Friday, November 16th. Goldman Sachs Group set a €16.50 ($19.19) price target on shares of STMicroelectronics and gave the stock a neutral rating in a report on Wednesday, November 14th. Finally, Baader Bank set a €20.50 ($23.84) price target on shares of STMicroelectronics and gave the stock a neutral rating in a report on Tuesday, November 13th. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of €17.55 ($20.41).
STMicroelectronics has a 1 year low of €12.40 ($14.42) and a 1 year high of €21.45 ($24.94).
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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