Taiwan Semiconductor Manufactur with ticker code (TSM) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 160 and 60 with the average target price sitting at 97.51. Now with the previous closing price of 70.84 this indicates there is a potential upside of 37.6%. The 50 day moving average now sits at 69.88 and the 200 day MA is 89.58. The market capitalisation for the company is $382,888m. Find out more information at: https://www.tsmc.com
The potential market cap would be $527,039m based on the market concensus.
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.