BNP PARIBAS disclosed STMicroelectronics (EPA:STM), hiking its stock price target to 9.30EUR earlier today
- Updated: September 19, 2016
Displaying a price of 7.00EUR, STMicroelectronics (EPA:STM) traded 1.70% higher on the day. With the last stock price close up 25.66% from the two hundred day moving average, compared to the S&P 500 Index which has decreased -0.01% over the date range. STM has recorded a 50-day average of 7.45EUR and two hundred day moving average of 6.20EUR. 4,800,449 shares of STMicroelectronics traded, up from ann average trading volume of 1,610,900
BNP PARIBAS upped the estimated target of STMicroelectronics (EPA:STM) to 9EUR, stating a possible upside of 0.33%,
On 9/19/2016, BNP PARIBAS released a statement about STMicroelectronics(EPA:STM) upped the target price from 0.00EUR to 9.30EUR. At the time, this indicated a possible upside of 0.33%.
A total of 5 analysts have issued a report on the stock. Zero rate the company a strong buy, two analysts rate the stock a buy, three analyts rate the stock a hold, 0 rate the stock to underperform, and finally one analystrate the company as sell with a consensus target of 6.42EUR
STMicroelectronics has a one-year low of 5.11EUR and a one-year high of 7.87EUR with a P/E ratio of 93 and has a market capitalization of 0.0 EUR.
General Information 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, and which include the production and sale of both silicon chips and smartcards.
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