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STMicroelectronics (EPA:STM) target price increased to 9.30EUR, reported today by BNP PARIBAS

Just yesterday STMicroelectronics (EPA:STM) traded 1.70% higher at 7.00EUR. STM’s 50-day average is 7.45EUR and its two hundred day average is 6.20EUR. With the last stock price close up 25.66% from the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. Trading volume was was up over the average, with 4,800,449 shares of STM changing hands over the typical 1,610,900 shares..

Reporting a possible upside of 0.33%, BNP PARIBAS bumped the target stock price of STMicroelectronics (EPA:STM) to 9EUR

Performance Graphic:

STMicroelectronics (EPA:STM)

A total of 5 equity analysts have issued a ratings update on STM. Zero rate the stock a strong buy, two analysts rate the company a buy, three analyts rate the company a hold, 0 rate the company to underperform, and lastly one firmrate the company as sell with a 12-month target of 6.42EUR

STMicroelectronics has a PE of 93 with a 52 week low of 5.11EUR and a 52 week high of 7.87EUR and has a total market value of 0.0 EUR.

Brief Synopsis On 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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