GlobalFoundries Inc. with ticker code (GFS) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $77.00 and $50.00 suggesting an average Analsyt target price of $61.79. Given that the stocks previous close was at $58.39 this now indicates there is a potential upside of 5.8%. The 50 day moving average now sits at $51.67 while the 200 day moving average is $53.33. The company has a market cap of 30.62B. The stock price for Occidental Petroleum Corporation is $55.50 USD
The potential market cap would be $32,406,106,322 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 34.47, revenue per share of $12.83 and a 3.63% return on assets.
GlobalFoundries Inc. is a provider of semiconductor manufacturing services. The Company is specialized in manufacturing processes, a library consisting of intellectual property (IP) titles and differentiated transistor and device technology. The Company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. The Company serves a range of customers, including the global leaders in Integrated circuit (IC) design, and provide optimized solutions for the function, performance and power requirements of critical applications. Its technology portfolio includes a range of differentiated technology platforms, including radio frequency (RF) Silicon-on-Insulator (SOI) solutions, Fin Field-Effect Transistor (FinFET), Metal-Oxide Semiconductor (CMOS), Fully-Depleted SOI (FDX), Silicon Germanium (SiGe) products and Silicon Photonics (SiPh).
