Report
Stephane Houri

STMicroelectronics N.V. : L’objectif de 12 Md$ (en runrate) doit finalement pouvoir être atteint au T4 2021 - Achat réitéré, OC relevé à 36 € (vs 33 €)

>Achat réitéré, OC relevé à 36 € (vs 33 €). Thèse d’investissement + réitérée - Suite au relèvement de prévisions sur le T3 2020 et aux indications positives sur le niveau du CA annuel annoncés la semaine dernière, nous réitérons notre opinion Achat, relevons nos prévisions de 11% pour 2020/2021, ainsi que notre OC (moyenne DCF et multiples) à 36 € vs 33 € auparavant, soit un potentiel de 30%. Nous apprécions toujours le profil de STM en raison : 1/ de son exposition ...
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
Stephane Houri

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