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Baader Wertpapierhandelsbank announced STMicroelectronics (EPA:STM), bumping up its stock price target to 8.40EUR today

In a report released on 9/28/2016 Baader Wertpapierhandelsbank increased the stock price target of STMicroelectronics (EPA:STM) to 8.40EUR reporting a possible upside of 0.18%.

Previously on 09/27/2016, Baader Wertpapierhandelsbank reported on STMicroelectronics (EPA:STM) increased the target price from 0.00EUR to 8.40EUR. At the time, this indicated a possible upside of 0.18%.

Just yesterday STMicroelectronics (EPA:STM) traded 0.75% higher at 7.14EUR. STMicroelectronics’s 50-day moving average is 7.65EUR and its 200-day moving average is 6.35EUR. The last closing price is up 27.01% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,593,148 shares of STM traded hands, down from an average trading volume of 1,873,180

Recent Performance Chart

STMicroelectronics (EPA:STM)

STMicroelectronics has one year low of 5.11EUR and a 52 week high of 8.21EUR with a P/E ratio of 95.95 and has a total market value of 0 EUR.

A total of 5 equity analysts have released a research note on STM. zero equity analysts rating the company a strong buy, two equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of 6.42EUR.

More About STMicroelectronics (EPA:STM)

STMicroelectronics N.V. is a global semiconductor company. The Company is focused on Smart Driving, enabled by digitalization and electrification of the car, and the Internet of Things, including portable and wearable systems, as well as smart home, city and industry applications. The Company's segments include Automotive and Discrete Group (ADG), Analog and MEMS Group (AMG), Microcontrollers and Digital ICs Group (MDG) and Others. The Company designs, develops, manufactures and markets a range of semiconductor products, including discrete and standard commodity components, application-specific integrated circuits (ASICs), custom devices and semi-custom devices and application-specific standard products (ASSPs) for analog, digital and mixed-signal applications. The Company participates in the manufacturing value chain of smartcard products, which include the production and sale of both silicon chips and smartcards.

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