UBS Keeps Their Buy Rating on STMicroelectronics NV (0INB)
UBS analyst Francois Xavier Bouvignies maintained a Buy rating on STMicroelectronics NV today and set a price target of €80.00.
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According to TipRanks, Xavier Bouvignies is a 5-star analyst with an average return of 19.9% and a 61.93% success rate.
In addition to UBS, STMicroelectronics NV also received a Buy from Morgan Stanley’s Lee Simpson in a report issued on June 30. However, on June 29, J.P. Morgan maintained a Hold rating on STMicroelectronics NV (LSE: 0INB).
The company has a one-year high of €70.86 and a one-year low of €18.21. Currently, STMicroelectronics NV has an average volume of 5.34M.
Based on the recent corporate insider activity of 90 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.
Read More on GB:0INB:
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