Morgan Stanley Analysts Give STMicroelectronics (EPA:STM) a €12.90 Price Target

STMicroelectronics (EPA:STM) has been assigned a €12.90 ($15.36) target price by Morgan Stanley in a report issued on Friday, November 17th. The brokerage currently has a “sell” rating on the semiconductor producer’s stock. Morgan Stanley’s price objective points to a potential downside of 29.82% from the stock’s current price.

Several other equities research analysts have also recently weighed in on STM. UBS set a €15.00 ($17.86) price target on STMicroelectronics and gave the company a “neutral” rating in a research report on Wednesday, July 26th. S&P Global set a €16.00 ($19.05) price objective on STMicroelectronics and gave the stock a “neutral” rating in a report on Thursday, July 27th. Credit Suisse Group set a €16.50 ($19.64) price objective on STMicroelectronics and gave the stock a “neutral” rating in a report on Thursday, July 27th. Goldman Sachs Group set a €14.10 ($16.79) price objective on STMicroelectronics and gave the stock a “neutral” rating in a report on Thursday, July 27th. Finally, Citigroup set a €15.00 ($17.86) price objective on STMicroelectronics and gave the stock a “neutral” rating in a report 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 assigned a buy rating to the stock. STMicroelectronics currently has an average rating of “Hold” and a consensus target price of €17.19 ($20.47).

Shares of STMicroelectronics (EPA:STM) opened at €18.38 ($21.88) on Friday. STMicroelectronics has a 52 week low of €9.10 ($10.83) and a 52 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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