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STMicroelectronics (EPA:STM) Stock Price Passes Above 200 Day Moving Average of $36.01

Defense World ·  Aug 6, 2022 03:41

STMicroelectronics (EPA:STM – Get Rating)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €36.01 ($37.12) and traded as high as €39.28 ($40.49). STMicroelectronics shares last traded at €38.65 ($39.85), with a volume of 1,541,182 shares changing hands.

Analyst Ratings Changes

STM has been the subject of a number of recent analyst reports. Berenberg Bank set a €37.00 ($38.14) price target on STMicroelectronics in a report on Friday, July 29th. JPMorgan Chase & Co. set a €48.00 ($49.48) price target on STMicroelectronics in a research note on Thursday, July 28th. Deutsche Bank Aktiengesellschaft set a €48.00 ($49.48) target price on STMicroelectronics in a report on Monday, May 16th. UBS Group boosted their price target on STMicroelectronics from €38.00 ($39.18) to €40.00 ($41.24) in a report on Friday, July 29th. Finally, Credit Suisse Group set a €65.00 ($67.01) price target on STMicroelectronics in a research note on Thursday, May 12th.

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STMicroelectronics Price Performance

The stock has a 50 day moving average of €33.56 and a 200-day moving average of €36.01.

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.

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