STMicroelectronics (STM) Receives Sell Rating from Kepler Capital Markets

Kepler Capital Markets reaffirmed their sell rating on shares of STMicroelectronics (EPA:STM) in a research note published on Monday morning.

Other equities research analysts have also recently issued research reports about the stock. J P Morgan Chase & Co reaffirmed a buy rating on shares of STMicroelectronics in a research note on Thursday, September 14th. BNP Paribas set a €19.00 ($22.35) price objective on shares of STMicroelectronics and gave the stock a buy rating in a research note on Monday, September 4th. Barclays PLC set a €20.00 ($23.53) price objective on shares of STMicroelectronics and gave the stock a buy rating in a research note on Friday, October 27th. Oddo Bhf set a €17.50 ($20.59) price objective on shares of STMicroelectronics and gave the stock a buy rating in a research note on Friday, October 27th. Finally, Citigroup Inc. set a €15.00 ($17.65) price objective on shares of STMicroelectronics and gave the stock a neutral rating in a research note on Thursday, July 27th. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of €17.19 ($20.23).

Shares of STMicroelectronics (EPA:STM) opened at €20.58 ($24.21) on Monday. STMicroelectronics has a one year low of €9.07 ($10.67) and a one year high of €21.45 ($25.24).

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About STMicroelectronics

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.

Analyst Recommendations for STMicroelectronics (EPA:STM)

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