STMicroelectronics N.V. with ticker code (STM) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 71 and 50 with the average target price sitting at 55.89. Now with the previous closing price of 45.26 this would imply there is a potential upside of 23.5%. The 50 day moving average now sits at 48.94 and the 200 day moving average is 42.81. The market capitalisation for the company is $41,706m. Find out more information at: https://www.st.com
The potential market cap would be $51,502m based on the market concensus.
STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and markets semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The Automotive and Discrete Group segment offers automotive integrated circuits (ICs); and discrete and power transistor products. The Analog, MEMS and Sensors Group segment provides industrial application-specific integrated circuits (ASICs) and application-specific standard products (ASSPs); general purpose analog products; custom analog ICs; wireless charging solutions; galvanic isolated gate drivers; low and high voltage amplifiers, comparators, and current-sense amplifiers; MasterGaN, a solution that integrates a silicon driver and GaN power transistors in a single package; wireline and wireless connectivity ICs; touch screen controllers; micro-electro-mechanical systems (MEMS) products, including sensors or actuators; and optical sensing solutions. The Microcontrollers and Digital ICs Group segment offers general purpose and secure microcontrollers; radio frequency (RF) and electrically erasable programmable read-only memories; and RF, digital, and mixed-signal ASICs. It also provides assembly and other services. The company sells its products through distributors and retailers, as well as through sales representatives. STMicroelectronics N.V. was incorporated in 1987 and is headquartered in Geneva, Switzerland.