Robert W. Baird analyst Tristan Gerra maintained a Sell rating on Stmicroelectronics NV (STM) today and set a price target of $10. The company’s shares opened today at $15.28.
According to TipRanks.com, Gerra is a 5-star analyst with an average return of 14.8% and a 55.4% success rate. Gerra covers the Consumer Goods sector, focusing on stocks such as Sequans Communications S A, Himax Technologies, and Skyworks Solutions.
Stmicroelectronics NV has an analyst consensus of Moderate Buy, with a price target consensus of $10.
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Stmicroelectronics NV’s market cap is currently $12.73B and has a P/E ratio of 10.64. The company has a Price to Book ratio of 2.13.
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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.
