STMicroelectronics (EPA:STM) Given a €36.50 Price Target at UBS Group

UBS Group set a €36.50 ($39.67) price objective on STMicroelectronics (EPA:STM – Get Rating) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports.

STM has been the subject of several other reports. Morgan Stanley set a €36.00 ($39.13) price target on shares of STMicroelectronics in a report on Monday, December 12th. Barclays set a €60.00 ($65.22) target price on shares of STMicroelectronics in a report on Tuesday. Deutsche Bank Aktiengesellschaft set a €45.00 ($48.91) target price on shares of STMicroelectronics in a report on Friday, October 28th. Credit Suisse Group set a €58.00 ($63.04) target price on shares of STMicroelectronics in a report on Wednesday, January 11th. Finally, Jefferies Financial Group set a €24.00 ($26.09) target price on shares of STMicroelectronics in a report on Friday, January 6th.

STMicroelectronics Price Performance

EPA STM opened at €39.51 ($42.95) on Wednesday. STMicroelectronics has a 52-week low of €12.40 ($13.48) and a 52-week high of €21.45 ($23.32). The firm has a 50-day moving average price of €35.88 and a 200 day moving average price of €34.78.

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.