United Microelectronics Corpora with ticker code (UMC) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 11.5 and 6.1 calculating the mean target price we have 7.91. Given that the stocks previous close was at 7.11 this is indicating there is a potential upside of 11.3%. The 50 day moving average now sits at 7.1 and the 200 moving average now moves to 9.16. The company has a market cap of $17,889m. Company Website: https://www.umc.com
The potential market cap would be $19,901m based on the market concensus.
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.
