The STMicroelectronics NV (STM) Given a €11.00 Price Target at Baader Bank

The STMicroelectronics NV (STM) Given a €11.00 Price Target at Baader Bank

STMicroelectronics NV (EPA:STM) has been given a €11.00 ($11.70) target price by stock analysts at Baader Bank in a research note issued to investors on Thursday. The brokerage presently has a “neutral” rating on the stock.

A number of other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. set a €7.80 ($8.30) target price on STMicroelectronics NV and gave the stock a “sell” rating in a report on Monday. Deutsche Bank AG set a €8.50 ($9.04) target price on STMicroelectronics NV and gave the stock a “sell” rating in a report on Monday, January 9th. Credit Suisse Group AG reiterated a “sell” rating on shares of STMicroelectronics NV in a report on Tuesday, December 13th. Bank of America Corp. set a €5.00 ($5.32) target price on STMicroelectronics NV and gave the stock a “sell” rating in a report on Tuesday, December 6th. Finally, Oddo Securities set a €10.00 ($10.64) target price on STMicroelectronics NV and gave the stock a “buy” rating in a report on Tuesday, November 22nd. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of €7.23 ($7.69).

STMicroelectronics NV (EPA:STM) opened at 10.805 on Thursday. STMicroelectronics NV has a 52-week low of €4.49 and a 52-week high of €11.08. The firm’s 50-day moving average is €10.34 and its 200-day moving average is €7.90. The company has a market capitalization of €9.54 billion and a PE ratio of 180.083.

STMicroelectronics NV Company Profile

STMicroelectronics N.V. is a global semiconductor company. The Company is focused on Smart Driving, enabled by digitalization and electrification of the car, and the Internet of Things, including portable and wearable systems, as well as smart home, city and industry applications. The Company’s segments include Automotive and Discrete Group (ADG), Analog and MEMS Group (AMG), Microcontrollers and Digital ICs Group (MDG) and Others.

Related posts

Leave a Comment