For the third consecutive year, Advanced Micro Devices, Inc. (NASDAQ:AMD) was named to Corporate Responsibility (CR) Magazine’s list of the 100 Best Corporate Citizens, which ranks public companies based on outstanding corporate responsibility performance.CR Magazine develops the list to showcase companies who are on the forefront of best-in-class corporate citizenship reporting and encourage greater corporate accountability and responsibility.
“AMD is honored to once again be recognized among leading organizations for our commitment to corporate responsibility,” said Tim Mohin, director, Corporate Responsibility at AMD. “Corporate responsibility is a cornerstone of the AMD culture and this recognition is a tribute to the AMD employees around the world who live these values every day.”
The 100 Best Corporate Citizens list, now in its 16th year, ranks companies in 7 categories: climate change, employee relations, environment, finance, philanthropy, governance and human rights. The list ranks companies based on the Russell 1000 Index and is governed by a Ratings and Rankings Committee of the Corporate Responsibility Officers Association (CROA). The full list of companies is available at www.thecro.com.
AMD ranked highest in the areas of human rights (ranked 35th), environment (ranked 25th) and philanthropy (ranked 35th). More information on AMD’s latest corporate responsibility programs, progresses and plans can be found at www.amd.com. (Original Source)
Shares of Advanced Micro Devices closed last Friday at $2.31 . AMD has a 1-year high of $4.80 and a 1-year low of $2.14. The stock’s 50-day moving average is $2.61 and its 200-day moving average is $2.72.
On the ratings front, Advanced Micro Devices has been the subject of a number of recent research reports. In a report issued on April 17, Jefferies Co. analyst Mark Lipacis reiterated a Buy rating on AMD, with a price target of $4, which implies an upside of 73.2% from current levels. Separately, on the same day, Raymond James’ Hans Mosesmann maintained a Buy rating on the stock and has a price target of $3.30.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Mark Lipacis and Hans Mosesmann have a total average return of 14.5% and -1.7% respectively. Lipacis has a success rate of 75.9% and is ranked #114 out of 3590 analysts, while Mosesmann has a success rate of 47.7% and is ranked #3118.
In total, 2 research analysts have rated the stock with a Sell rating, 3 research analysts have assigned a Hold rating and 3 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $2.31 which is 33.3% above where the stock closed last Friday.
Advanced Micro Devices Inc is a semiconductor company with facilities around the world. It operates in two segments: Computing Solutions and Graphics and Visual Solutions.