Report
Martin Marandon-Carlhian

STMicroelectronics N.V. : Une faible valorisation qui reflète un scénario pessimiste, mais qui semble de moins en moins probable

>Opinion Surperformance réitérée, OC relevé à 47 € (vs 42 €) – BPA relevés de 14% en moyenne sur 2022/2023e - Suite à une très solide publication T2 22 (Lien vers notre rédaction initiale) et au relèvement de guidance sur 2022, nous réitérons notre opinion Surperformance et relevons notre OC à 47 € (vs 42 €) en révisant en hausse nos BPA de respectivement 16.9% sur 2022e et 11.5% sur 2023e. Si les inquiétudes sur le ralentissement du cycle subsistent, nous notons que ...
Underlying
STMicroelectronics NV

STMicroelectronics is a global independent semiconductor company that designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (“ICs”) and discrete devices. Co. offers a diversified product portfolio and develops products for a wide range of market applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. Within its diversified portfolio, Co. is focused on developing products that leverage its technological strengths in creating customized, system-level solutions with digital and mixed-signal content.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Martin Marandon-Carlhian

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