STMicroelectronics (STM) PT Set at €19.00 by Barclays

Share on StockTwits

Barclays set a €19.00 ($22.09) price objective on STMicroelectronics (EPA:STM) in a research note published on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the semiconductor producer’s stock.

Several other analysts also recently commented on STM. UBS Group set a €13.00 ($15.12) price objective on STMicroelectronics and gave the stock a neutral rating in a research note on Friday, January 18th. Credit Suisse Group set a €18.00 ($20.93) price objective on STMicroelectronics and gave the stock a buy rating in a research note on Friday, January 18th. Kepler Capital Markets set a €16.00 ($18.60) price objective on STMicroelectronics and gave the stock a neutral rating in a research note on Thursday, January 24th. Goldman Sachs Group set a €16.50 ($19.19) price target on STMicroelectronics and gave the company a neutral rating in a research note on Thursday, January 24th. Finally, JPMorgan Chase & Co. set a €15.00 ($17.44) price target on STMicroelectronics and gave the company a buy rating in a research note on Thursday, January 24th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the stock. STMicroelectronics has an average rating of Buy and a consensus price target of €18.17 ($21.13).

Shares of STMicroelectronics stock opened at €15.59 ($18.12) on Wednesday. STMicroelectronics has a 12 month low of €12.40 ($14.42) and a 12 month high of €21.45 ($24.94).

STMicroelectronics Company Profile

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.

Further Reading: Average Daily Trade Volume – What You Need to Know

Analyst Recommendations for STMicroelectronics (EPA:STM)

Receive News & Ratings for STMicroelectronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STMicroelectronics and related companies with MarketBeat.com's FREE daily email newsletter.