STMicroelectronics N.V. (STM.PA) (EPA:STM) received a €40.00 ($47.06) target price from investment analysts at Barclays in a research report issued on Thursday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the semiconductor producer’s stock. Barclays‘s price target suggests a potential upside of 18.76% from the company’s current price.
STM has been the topic of several other reports. Credit Suisse Group set a €35.00 ($41.18) price target on STMicroelectronics N.V. (STM.PA) and gave the stock a “buy” rating in a research report on Monday, January 4th. JPMorgan Chase & Co. set a €35.00 ($41.18) target price on STMicroelectronics N.V. (STM.PA) and gave the stock a “neutral” rating in a report on Friday, January 8th. Kepler Capital Markets set a €37.00 ($43.53) target price on STMicroelectronics N.V. (STM.PA) and gave the stock a “buy” rating in a research report on Monday. UBS Group set a €31.50 ($37.06) price target on shares of STMicroelectronics N.V. (STM.PA) and gave the company a “buy” rating in a research report on Monday. Finally, The Goldman Sachs Group set a €26.00 ($30.59) price objective on shares of STMicroelectronics N.V. (STM.PA) and gave the company a “sell” rating in a report on Friday, January 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of €33.98 ($39.97).
STM opened at €33.68 ($39.62) on Thursday. The company has a fifty day moving average price of €31.54 and a two-hundred day moving average price of €27.64. STMicroelectronics N.V. has a 52 week low of €12.40 ($14.59) and a 52 week high of €21.45 ($25.24).
STMicroelectronics N.V. (STM.PA) Company Profile
STMicroelectronics N.V., together with its subsidiaries, develops, manufactures, and markets semiconductor products in EMEA, the Americas, and the Asia Pacific. It operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The Automotive and Discrete Group segment offers digital and analog automotive integrated circuits (ICs); and discrete and power transistor products.
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