STMicroelectronics (EPA:STM) Given a €38.00 Price Target by UBS Group Analysts

STMicroelectronics (EPA:STMGet Rating) received a €38.00 ($40.86) price objective from investment analysts at UBS Group in a report issued on Thursday, Borsen Zeitung reports. UBS Group’s price objective would indicate a potential upside of 8.46% from the company’s current price.

Several other equities research analysts also recently issued reports on STM. Deutsche Bank Aktiengesellschaft set a €52.00 ($55.91) price target on shares of STMicroelectronics in a research note on Monday, January 31st. Kepler Capital Markets set a €60.00 ($64.52) price objective on shares of STMicroelectronics in a report on Friday, January 28th. JPMorgan Chase & Co. set a €48.00 ($51.61) price target on shares of STMicroelectronics in a report on Thursday. Jefferies Financial Group set a €30.00 ($32.26) target price on shares of STMicroelectronics in a research note on Wednesday. Finally, Barclays set a €38.00 ($40.86) target price on shares of STMicroelectronics in a research note on Wednesday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, STMicroelectronics has a consensus rating of “Hold” and an average target price of €46.41 ($49.90).

EPA:STM opened at €35.04 ($37.67) on Thursday. STMicroelectronics has a fifty-two week low of €12.40 ($13.33) and a fifty-two week high of €21.45 ($23.06). The firm’s 50 day moving average is €36.74 and its two-hundred day moving average is €39.85.

STMicroelectronics Company Profile (Get Rating)

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.

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Analyst Recommendations for STMicroelectronics (EPA:STM)

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