Taiwan Semiconductor Manufactur found using ticker (TSM) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 130 and 72 with the average target price sitting at 96.02. With the stocks previous close at 88.4 this now indicates there is a potential upside of 8.6%. The day 50 moving average is 79.11 and the 200 moving average now moves to 82.26. The market cap for the company is $472,082m. Company Website: https://www.tsmc.com
The potential market cap would be $512,775m 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.
