Credit Suisse Group set a €18.00 ($20.93) price objective on STMicroelectronics (EPA:STM) in a research report sent to investors on Friday morning. The brokerage currently has a buy rating on the semiconductor producer’s stock.

Several other research firms have also commented on STM. Goldman Sachs Group set a €21.50 ($25.00) price target on STMicroelectronics and gave the stock a neutral rating in a research report on Wednesday, October 24th. Deutsche Bank set a €20.00 ($23.26) price target on STMicroelectronics and gave the stock a buy rating in a research report on Wednesday, September 26th. JPMorgan Chase & Co. set a €23.00 ($26.74) price target on STMicroelectronics and gave the stock a buy rating in a research report on Wednesday, October 24th. UBS Group set a €13.00 ($15.12) price target on STMicroelectronics and gave the stock a neutral rating in a research report on Monday, October 29th. Finally, Baader Bank set a €20.50 ($23.84) price target on STMicroelectronics and gave the stock a neutral rating in a research report on Wednesday, October 24th. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the company. STMicroelectronics has a consensus rating of Buy and an average target price of €17.45 ($20.29).

STMicroelectronics has a 12-month low of €12.40 ($14.42) and a 12-month high of €21.45 ($24.94).

About STMicroelectronics

STMicroelectronics N.V., together with its subsidiaries, develops, manufactures, and markets semiconductor products worldwide. It operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The company offers a range of products, including discrete and standard commodity components, application-specific integrated circuits, full-custom and semi-custom devices, and application-specific standard products for analog, digital, and mixed-signal applications, as well as silicon chips and smartcards.

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Analyst Recommendations for STMicroelectronics (EPA:STM)

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