STMicroelectronics N.V. (NYSE:STM) : Zacks Investment Research ranks STMicroelectronics N.V. (NYSE:STM) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 3, which indicates as a Hold.
STMicroelectronics N.V. (NYSE:STM) stock is expected to deviate a maximum of $1.15 from the average target price of $6.9 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $8 and the most muted being $6.
Company shares have received an average consensus rating of Hold for the current week
STMicroelectronics N.V. (NYSE:STM): stock turned positive on Tuesday. Though the stock opened at $5.7, the bulls momentum made the stock top out at $5.76 level for the day. The stock recorded a low of $5.63 and closed the trading day at $5.68, in the green by 2.90%. The total traded volume for the day was 1,146,717. The stock had closed at $5.52 in the previous days trading.
STMicroelectronics N.V. is a semiconductor company. The Company designs, develops, manufactures and markets a range of semiconductor products used in applications, such as Internet of Things (IoT), and serving many different end markets. The Company operates through two business segments: Sense & Power and Automotive Products (SP&A) and Embedded Processing Solutions (EPS). The SP&A segment consists of product lines, such as Automotive (APG), Industrial and Power Discrete (IPD), Analog and MEMS (AMS), and other SP&A. The EPS segment consists of product lines, such as Digital Convergence Group (DCG), and Imaging, BI-CMOS ASIC and Silicon Photonics (IBP) (DCG and IBP are combined as DPG); Microcontrollers, Memory & Secure MCU (MMS), and Other EPS. The Company operates in Semiconductors and Subsystems business areas.