United Microelectronics Corpora – Consensus Indicates Potential 20.8% Upside

Broker Ratings
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United Microelectronics Corpora found using ticker (UMC) have now 3 analysts in total covering the stock. The consensus rating is ‘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 6.55 this now indicates there is a potential upside of 20.8%. There is a 50 day moving average of 6.82 while the 200 day moving average is 8.93. The market cap for the company is $16,451m. Visit the company website at:https://www.umc.com

The potential market cap would be $19,867m 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.

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