| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/26/2023 | 40.4% | Goldman Sachs | $8.4 → $10.2 | Maintains | Buy |
| 06/08/2021 | 0.48% | Bernstein | $8.4 → $7.3 | Downgrades | Market Perform → Underperform |
| 02/05/2020 | — | China Renaissance | Upgrades | Hold → Buy | |
| 11/25/2019 | — | Citigroup | Upgrades | Sell → Neutral | |
| 10/31/2019 | — | Goldman Sachs | Upgrades | Sell → Neutral | |
| 01/24/2019 | — | HSBC | Downgrades | Buy → Hold | |
| 11/16/2018 | — | Morgan Stanley | Downgrades | Equal-Weight → Underweight | |
| 11/07/2018 | — | UBS | Downgrades | Buy → Neutral |
What is the target price for United Microelectronics (UMC)?
The latest price target for United Microelectronics (NYSE: UMC) was reported by Goldman Sachs on October 26, 2023. The analyst firm set a price target for $10.20 expecting UMC to rise to within 12 months (a possible 40.40% upside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for United Microelectronics (UMC)?
The latest analyst rating for United Microelectronics (NYSE: UMC) was provided by Goldman Sachs, and United Microelectronics maintained their buy rating.
When is the next analyst rating going to be posted or updated for United Microelectronics (UMC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of United Microelectronics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for United Microelectronics was filed on October 26, 2023 so you should expect the next rating to be made available sometime around October 26, 2024.
Is the Analyst Rating United Microelectronics (UMC) correct?
While ratings are subjective and will change, the latest United Microelectronics (UMC) rating was a maintained with a price target of $8.40 to $10.20. The current price United Microelectronics (UMC) is trading at is $7.27, which is out of the analyst's predicted range.