Can analysts adopt a bullish outlook for STMicroelectronics NV (ADR) (NYSE:STM)?

June 19, 2017 - By Kurt Siggers

 Can analysts adopt a bullish outlook for STMicroelectronics NV (ADR) (NYSE:STM)?

STMicroelectronics NV (ADR) (NYSE:STM) Ratings Coverage

Among 9 analysts covering STMicroelectronics (NYSE:STM), 3 have Buy rating, 2 Sell and 4 Hold. Therefore 33% are positive. STMicroelectronics has $20 highest and $6.90 lowest target. $12’s average target is -22.08% below currents $15.4 stock price. STMicroelectronics had 14 analyst reports since July 22, 2015 according to SRatingsIntel. Stifel Nicolaus downgraded STMicroelectronics NV (ADR) (NYSE:STM) on Monday, May 15 to “Hold” rating. The stock of STMicroelectronics NV (ADR) (NYSE:STM) has “Buy” rating given on Friday, October 14 by Craig Hallum. The rating was downgraded by Craig Hallum on Friday, October 30 to “Hold”. The rating was maintained by Natixis on Monday, September 14 with “Buy”. On Wednesday, July 22 the stock rating was downgraded by Citigroup to “Neutral”. As per Wednesday, January 4, the company rating was downgraded by Morgan Stanley. The firm has “Underperform” rating given on Friday, September 2 by Bank of America. The firm earned “Hold” rating on Friday, July 24 by HSBC. The stock of STMicroelectronics NV (ADR) (NYSE:STM) earned “Hold” rating by Zacks on Wednesday, August 5. The stock of STMicroelectronics NV (ADR) (NYSE:STM) earned “Buy” rating by Craig Hallum on Thursday, October 27. Below is a list of STMicroelectronics NV (ADR) (NYSE:STM) latest ratings and price target changes.

15/05/2017 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Hold Downgrade
28/04/2017 Broker: Craig Hallum Rating: Buy New Target: $20.00 Maintain
04/01/2017 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Underweight Downgrade

About 16,075 shares traded. STMicroelectronics NV (ADR) (NYSE:STM) has risen 191.28% since June 19, 2016 and is uptrending. It has outperformed by 174.58% the S&P500.

STMicroelectronics N.V. is a global semiconductor firm that designs, develops, makes and markets a range of products, including discrete and standard commodity components, and application-specific integrated circuits for analog, digital and mixed-signal applications. The company has market cap of $13.89 billion. The Company’s divisions include Automotive and Discrete Group (ADG), Analog and MEMS Group (AMG), Microcontrollers and Digital ICs Group (MDG), and Others. It has a 43.26 P/E ratio. ADG comprises all dedicated automotive Integrated Circuits (ICs), and discrete and power transistor products.

More important recent STMicroelectronics NV (ADR) (NYSE:STM) news were published by: Investorplace.com which released: “STMicroelectronics NV (ADR) (STM) Stock Is a Stealthy Giant” on April 07, 2017, also Livetradingnews.com published article titled: “STMicroelectronics NV (ADR) (NYSE:STM) Trading Outlook”, Livetradingnews.com published: “STMicroelectronics NV (ADR)(NYSE:STM) Bullish Trend” on September 07, 2016. More interesting news about STMicroelectronics NV (ADR) (NYSE:STM) was released by: Investorplace.com and their article: “Make Way for STMicroelectronics NV (ADR) (STM) Stock” with publication date: June 02, 2017.

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