Barclays Remains a Sell on STMicroelectronics NV (0INB)

In a report released today, Simon Coles from Barclays maintained a Sell rating on STMicroelectronics NV, with a price target of €25.00.

Claim 30% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

According to TipRanks, Coles is a 4-star analyst with an average return of 5.2% and a 54.61% success rate.

STMicroelectronics NV has an analyst consensus of Moderate Buy, with a price target consensus of €33.52.

Based on STMicroelectronics NV’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €3.82 billion and a GAAP net loss of €22.21 million. In comparison, last year the company earned a revenue of €3.32 billion and had a net profit of €341 million

Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0INB in relation to earlier this year.