United Microelectronics Corpora – Consensus Indicates Potential -6.3% Downside

Broker Ratings
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United Microelectronics Corpora found using ticker (UMC) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 9.1 and 4.7 calculating the average target price we see 7.38. Given that the stocks previous close was at 7.88 this would imply there is a potential downside of -6.3%. The day 50 moving average is 7.24 and the 200 day moving average is 7.11. The company has a market cap of $19,571m. Find out more information at: https://www.umc.com

The potential market cap would be $18,329m 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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