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STMicroelectronics (EPA:STM) stock price target increased to 10.00EUR, issued a research note today by Oddo Seydler Bank AG

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. The last closing price is up 35.79% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 718,140 shares of the stock traded hands, down from an average trading volume of 2,771,680

In a report released on Wednesday November 23, 2016 Oddo Seydler Bank AG increased the stock price target of STMicroelectronics (EPA:STM) to 10.00EUR indicating a possible upside of 0.08%.

Previously on 11/22/2016, Oddo Seydler Bank AG reported on STMicroelectronics (EPA:STM) increased the target price from 0.00EUR to 10.00EUR. At the time, this indicated a possible upside of 0.08%.

See Chart Below

STMicroelectronics (EPA:STM)

STMicroelectronics has a 52 week low of 5.11EUR and a 52 week high of 9.93EUR with a P/E ratio of 163.83 The company’s market cap is currently 0 EUR.

In addition to Oddo Seydler Bank AG reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is 6.42EUR with 0 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

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, which include the production and sale of both silicon chips and smartcards.

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