Credit Suisse Group downgraded STMicroelectronics (EPA:STM) to Underperform in a report released today.
- Updated: November 25, 2016
Credit Suisse Group has downgraded STMicroelectronics (EPA:STM) to Underperform in a report released on 11/26/2016.
Yesterday STMicroelectronics (EPA:STM) traded -0.51% lower at 9.25EUR. The company’s 50-day moving average is 8.81EUR and its 200-day moving average is 7.24EUR. With the last stock price up 35.79% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. Trade Volume was down over the average, with 718,140 shares of STM changing hands under the typical 2,771,680
Recent Performance Chart
STMicroelectronics has price-earnings ratio of 163.83 with a one year low of 5.11EUR and a one year high of 9.93EUR and has a total market value of 0 EUR.
A total of 5 analysts have released a research note on STM. zero analysts rating the company a strong buy, two analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally one 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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