Advanced Micro Devices, Inc. (NASDAQ:AMD) announced it has been named to the Dow Jones Sustainability Index (DJSI) North America, marking the company’s 14th consecutive appearance on the list. This recognition exemplifies AMD’s legacy of dedication to and shared responsibility for the betterment of the environment and society.
“This was a great year for corporate responsibility at AMD. Being named to the 2015 Dow Jones Sustainability Index is another proof point that our employees, partners, customers, and stakeholders can take pride in our commitment to and excellence in corporate responsibility. Over the past year we have launched our most energy-efficient APU to date in line with our 25×20 energy efficiency initiative, celebrated the 20th anniversary of our corporate responsibility report, and published findings about APU greenhouse gas emissions to raise awareness about how to reduce the environmental footprint of our technology,” said Tim Mohin, director, Corporate Responsibility at AMD.
AMD’s corporate responsibility efforts include developing low-power, energy efficient products; promoting environmental protection; global volunteerism; governance and ethics; supplier responsibility; stakeholder engagement; transparency and reporting.
First launched in 1999, the DJSI is the first global index to track the financial performance of the leading sustainability-driven companies worldwide based on an analysis of financially material economic, environmental, and social factors. The DJSI follows a best-in-class approach, highlighting companies across all industries that outperform their peers in numerous sustainability metrics.
In addition to being recognized by DJSI North America, AMD was recently named among the Top 100 Corporate Citizens by Corporate Responsibility Magazine for the third consecutive year. (Original Source)
Shares of Advanced Micro Devices closed today flat at $1.89. AMD has a 1-year high of $3.94 and a 1-year low of $1.61. The stock’s 50-day moving average is $1.87 and its 200-day moving average is $2.29.
On the ratings front, AMD has been the subject of a number of recent research reports. In a report issued on September 11, Bernstein Research analyst Stacy Rasgon upgraded AMD to Hold. Separately, on September 2, Deutsche Bank’s Ross Seymore maintained a Hold rating on the stock and has a price target of $2.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Stacy Rasgon and Ross Seymore have a total average return of 2.3% and 20.1% respectively. Rasgon has a success rate of 47.0% and is ranked #1581 out of 3765 analysts, while Seymore has a success rate of 64.5% and is ranked #70.
Overall, 5 research analysts have rated the stock with a Sell rating, 8 research analysts have assigned a Hold rating and 2 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 $2.45 which is 29.6% above where the stock opened today.
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.