UBS analyst David Mulholland maintained a Hold rating on Stmicroelectronics NV (STM) 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.
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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.
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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.
