United Microelectronics Corpora found using ticker (UMC) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 19.2 and 7.3 with a mean TP of 14.14. Given that the stocks previous close was at 9.36 this indicates there is a potential upside of 51.1%. There is a 50 day moving average of 11.32 and the 200 day moving average is 10.52. The market cap for the company is $25,526m. Company Website: https://www.umc.com
The potential market cap would be $38,561m 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.
