Demonstrating a legacy of dedication to transparency and shared responsibility for the betterment of the environment and society, Advanced Micro Devices, Inc.(NASDAQ:AMD) today released its 2014 and 20th anniversary corporate responsibility (CR) report and summary magazine. Since 1995, AMD has continually evolved its responsibility reporting to reflect changes in the scope of CR and increase stakeholder value. Today the company announced another step forward with the launch of a new, CR-focused online hub to provide easy access to frequently updated CR information on areas of shared interest, including labor rights, community engagement, and environmental stewardship.
“It is important to recognize how our commitment to corporate responsibility affects our employees,” said AMD president and CEO Dr. Lisa Su. “AMD employees are motivated by working for a responsible company and designing products that help change the world. Therefore, by helping others, we help ourselves and inspire AMDers to push the boundaries of what is possible.” (Original Source)
Shares of AMD opened today at $2.35 and are currently trading down at $2.34. 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 $2.31 and its 200-day moving average is $2.64.
On the ratings front, AMD has been the subject of a number of recent research reports. In a report issued on May 15, Morgan Stanley analyst Joseph Moore maintained a Sell rating on AMD, with a price target of $2.25, which represents a slight downside potential from current levels. Separately, on May 7, Nomura’s Sanjay Chaurasia reiterated a Hold rating on the stock and has a price target of $3.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Joseph Moore and Sanjay Chaurasia have a total average return of 12.3% and 6.7% respectively. Moore has a success rate of 57.4% and is ranked #534 out of 3614 analysts, while Chaurasia has a success rate of 54.5% and is ranked #1709.
Overall, 3 research analysts have rated the stock with a Sell rating, 7 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 $2.84 which is 20.9% 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.