In a report issued on June 7, Mehdi Hosseini from Susquehanna maintained a Buy rating on Taiwan Semi (TSM), with a price target of $52. The company’s shares closed yesterday at $39.96.
According to TipRanks.com, Hosseini is a 4-star analyst with an average return of 9.9% and a 49.5% success rate. Hosseini covers the Consumer Goods sector, focusing on stocks such as Advanced Energy Industries, Hewlett Packard Enterprise, and Applied Materials Inc.
Currently, the analyst consensus on Taiwan Semi is a Moderate Buy with an average price target of $51.
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Taiwan Semi’s market cap is currently $207.2B and has a P/E ratio of 19.61. The company has a Price to Book ratio of 3.66.
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