Shares of STMicroelectronics (EPA:STM – Get Rating) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €35.27 ($35.99) and traded as high as €36.08 ($36.82). STMicroelectronics shares last traded at €35.80 ($36.53), with a volume of 1,104,874 shares.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the company. Jefferies Financial Group set a €24.00 ($24.49) price objective on STMicroelectronics in a report on Thursday, August 18th. The Goldman Sachs Group set a €41.50 ($42.35) price objective on STMicroelectronics in a report on Friday, July 29th. UBS Group upped their price objective on STMicroelectronics from €38.00 ($38.78) to €40.00 ($40.82) in a report on Friday, July 29th. Berenberg Bank set a €37.00 ($37.76) price objective on STMicroelectronics in a report on Friday, July 29th. Finally, JPMorgan Chase & Co. set a €48.00 ($48.98) price objective on STMicroelectronics in a report on Thursday, July 28th.
Get STMicroelectronics alerts:STMicroelectronics Stock Down 0.3 %
The business has a 50 day simple moving average of €35.50 and a 200-day simple moving average of €35.27.
About STMicroelectronics
(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.
See Also
- 3 Airline Stocks Stuck in a Holding Pattern
- Roku Stock is Down but Not Out
- Is Ford Rolling To A Rebound After Its Q3 Warning
- If You're Hungry for Value, Take a Bite on Ruth's Hospitality Grp
- Has AMD stock stock fallen too far?
Receive News & Ratings for STMicroelectronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STMicroelectronics and related companies with MarketBeat.com's FREE daily email newsletter.