United Microelectronics Corpora with ticker code (UMC) have now 4 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 20 and 7.3 calculating the mean target price we have 14.34. With the stocks previous close at 11.4 this now indicates there is a potential upside of 25.8%. There is a 50 day moving average of 11.44 and the 200 moving average now moves to 10.47. The market cap for the company is $28,940m. Company Website: https://www.umc.com
The potential market cap would be $36,404m 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. It operates through Wafer Fabrication and New Business segments. 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.
