United Microelectronics Corpora – Consensus Indicates Potential 28.1% Upside

Broker Ratings
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United Microelectronics Corpora found using ticker (UMC) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 11.8 and 6.14 calculating the mean target price we have 8.48. With the stocks previous close at 6.62 this indicates there is a potential upside of 28.1%. The day 50 moving average is 7.87 while the 200 day moving average is 9.62. The market cap for the company is $16,726m. Visit the company website at: https://www.umc.com

The potential market cap would be $21,425m 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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