STMicroelectronics’ (STM) Buy Rating Reiterated at Societe Generale

STMicroelectronics (EPA:STM)‘s stock had its “buy” rating reaffirmed by stock analysts at Societe Generale in a research report issued to clients and investors on Wednesday.

Several other equities analysts have also commented on the stock. UBS Group set a €15.50 ($18.45) price target on shares of STMicroelectronics and gave the stock a “sell” rating in a research report on Tuesday. Deutsche Bank set a €16.00 ($19.05) price target on shares of STMicroelectronics and gave the stock a “sell” rating in a research report on Friday, January 12th. JPMorgan Chase & Co. set a €26.00 ($30.95) price target on shares of STMicroelectronics and gave the stock a “buy” rating in a research report on Friday, January 12th. Credit Suisse Group set a €24.50 ($29.17) price target on shares of STMicroelectronics and gave the stock a “buy” rating in a research report on Thursday, January 11th. Finally, Oddo Bhf set a €24.00 ($28.57) price target on shares of STMicroelectronics and gave the stock a “buy” rating in a research report on Friday, December 8th. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of €19.03 ($22.65).

STMicroelectronics (EPA:STM) opened at €20.51 ($24.42) on Wednesday. The company has a market cap of $18,620.00 and a PE ratio of 70.72. STMicroelectronics has a 12-month low of €10.56 ($12.57) and a 12-month high of €21.45 ($25.54).

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STMicroelectronics Company Profile

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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