Barclays Analysts Give STMicroelectronics (STM) a €21.50 Price Target

Barclays set a €21.50 ($25.60) target price on STMicroelectronics (EPA:STM) in a research report released on Monday morning. The brokerage currently has a buy rating on the semiconductor producer’s stock.

Other equities analysts also recently issued reports about the stock. J P Morgan Chase & Co set a €16.30 ($19.40) price objective on shares of STMicroelectronics and gave the stock a buy rating in a report on Thursday, October 26th. BNP Paribas set a €19.00 ($22.62) price target on shares of STMicroelectronics and gave the stock a buy rating in a report on Monday, September 4th. Oddo Bhf set a €17.50 ($20.83) price target on shares of STMicroelectronics and gave the stock a buy rating in a report on Friday, October 27th. Goldman Sachs Group set a €16.30 ($19.40) price target on shares of STMicroelectronics and gave the stock a neutral rating in a report on Thursday, September 14th. Finally, S&P Global set a €20.00 ($23.81) price target on shares of STMicroelectronics and gave the stock a neutral rating in a report on Thursday, October 26th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €18.31 ($21.79).

STMicroelectronics (STM) opened at €18.08 ($21.52) on Monday. STMicroelectronics has a fifty-two week low of €9.24 ($11.00) and a fifty-two week 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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