Amkor Technology, Inc. – Consensus ‘buy’ rating and 23.8% Upside Potential

Broker Ratings
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Amkor Technology, Inc. which can be found using ticker (AMKR) now have 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 32 and 25 suggesting an average Analsyt target price of $28.70. Given that the stocks previous close was at $23.19 this now indicates there is a potential upside of 23.8%. Also worth taking note is the 50 day moving average now sits at $23.53 while the 200 day moving average is $23.73. The company has a market capitalization of 5.72B. The current stock price for Targa Resources Corp. is currently 23.13 USD

The potential market cap would be $7,077,858,428 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 8.97, revenue per share of 28.45 and a 7.38% return on assets.

Amkor Technology, Inc. is a provider of outsourced semiconductor packaging and test services. The Company is engaged in the outsourcing of semiconductor packaging and test services. The Company’s packaging and test services are designed to meet application and chip-specific requirements, including the required type of interconnect technology; size; thickness; and electrical, mechanical and thermal performance. It provides turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test and drop shipment services. The Company provides its services to integrated device manufacturers (IDMs), fabless semiconductor companies, original equipment manufacturers (OEMs) and contract foundries. The Company allows IDMs to outsource packaging and test services, and focused their investments on core competencies, such as silicon fabrication.

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