United Microelectronics Corpora – Consensus Indicates Potential -.5% Downside

Broker Ratings

United Microelectronics Corpora with ticker code (UMC) now have 4 analysts covering the stock with the consensus suggesting 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 7.42 this would imply there is a potential downside of -.5%. The day 50 moving average is 7.14 and the 200 day MA is 7.12. The market capitalisation for the company is $19,172m. Visit the company website at: https://www.umc.com

The potential market cap would be $19,069m based on the market concensus.

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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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