Taiwan Semiconductor Manufactur with ticker code (TSM) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 120 and 72 calculating the mean target price we have $96.39. Now with the previous closing price of $87.05 this would indicate that there is a potential upside of 10.7%. There is a 50 day moving average of $90.82 and the 200 moving average now moves to $81.92. The company has a market capitalization of $452,226m. Visit the company website at: https://www.tsmc.com
The potential market cap would be $500,748m based on the market consensus.
Taiwan Semiconductor Manufacturing Company Limited manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors. The company also offers customer support, account management, and engineering services, as well as manufactures masks. Its products are used in mobile devices, high performance computing, automotive electronics, and internet of things markets. The company was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.
The company has a dividend yield of 2.05% with the ex dividend date set at 15-6-2023 (DMY).
Other points of data to note are a P/E ratio of 13.54, revenue per share of 54.57 and a 16.14% return on assets.
