United Microelectronics Corpora found using ticker (UMC) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 19.2 and 7.3 calculating the average target price we see 14.14. Given that the stocks previous close was at 9.49 this indicates there is a potential upside of 49.0%. The 50 day MA is 11.15 and the 200 day moving average is 10.53. The company has a market capitalisation of $25,537m. Find out more information at: https://www.umc.com
The potential market cap would be $38,051m 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.
