ASE Technology Holding Co., Ltd – Consensus ‘Buy’ rating and 4.6% Upside Potential

Broker Ratings
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ASE Technology Holding Co., Ltd which can be found using ticker (ASX) 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 8.3 and 6.7 with the average target price sitting at $7.33. Given that the stocks previous close was at $7.01 this would imply there is now a potential upside of 4.6%. The 50 day moving average now sits at $7.43 and the 200 day moving average is $6.37. The company has a market cap of $15,196m. You can visit the company’s website by visiting: https://www.aseglobal.com

The potential market cap would be $15,890m based on the market consensus.

ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally. It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology. ASE Technology Holding Co., Ltd. was founded in 1984 and is headquartered in Kaohsiung, Taiwan.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 7.81, revenue per share of 313.88 and a 7.37% return on assets.

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