Stmicroelectronics NV (STM) Gets a Hold Rating from UBS

UBS analyst David Mulholland maintained a Hold rating on Stmicroelectronics NV (STMResearch Report) today and set a price target of $16.50. The company’s shares opened today at $17.35.

Mulholland has an average return of 38.8% when recommending Stmicroelectronics NV.

According to TipRanks.com, Mulholland is ranked #2079 out of 5181 analysts.

Stmicroelectronics NV has an analyst consensus of Moderate Buy, with a price target consensus of $20.35, a 17.3% upside from current levels. In a report released today, Goldman Sachs also maintained a Hold rating on the stock with a $14.50 price target.

See today’s analyst top recommended stocks >>

Stmicroelectronics NV’s market cap is currently $15.13B and has a P/E ratio of 12.16. The company has a Price to Book ratio of 2.40.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

STMicroelectronics NV designs, develops, manufactures and markets products, which offers discrete and standard commodity components, application-specific integrated circuits, full custom devices and semi-custom devices for analog, digital and mixed-signal applications.

Leave a Reply

Your email address will not be published. Required fields are marked *