KeyCorp Reiterates Hold Rating for Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)

KeyCorp reaffirmed their hold rating on shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) in a report released on Friday, October 20th. KeyCorp also issued estimates for Taiwan Semiconductor Manufacturing’s Q1 2018 earnings at $0.56 EPS, Q2 2018 earnings at $0.50 EPS, Q3 2018 earnings at $0.62 EPS, Q4 2018 earnings at $0.62 EPS and FY2018 earnings at $2.31 EPS.

Several other analysts also recently commented on the stock. Daiwa Capital Markets downgraded shares of Taiwan Semiconductor Manufacturing from an outperform rating to a hold rating in a report on Thursday, October 19th. J P Morgan Chase & Co upgraded shares of Taiwan Semiconductor Manufacturing from a neutral rating to an overweight rating in a research note on Tuesday, October 10th. Zacks Investment Research upgraded shares of Taiwan Semiconductor Manufacturing from a sell rating to a hold rating in a research note on Wednesday, September 13th. Finally, BidaskClub cut shares of Taiwan Semiconductor Manufacturing from a buy rating to a hold rating in a research report on Monday, July 24th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of $27.00.

Shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) traded down $0.08 during trading on Friday, hitting $42.43. 2,165,231 shares of the stock were exchanged, compared to its average volume of 4,991,814. The stock has a market cap of $220,041.98, a P/E ratio of 19.83, a P/E/G ratio of 1.31 and a beta of 0.77. Taiwan Semiconductor Manufacturing has a 52-week low of $28.34 and a 52-week high of $42.71. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.60.

ILLEGAL ACTIVITY NOTICE: This piece of content was published by BBNS and is the sole property of of BBNS. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States and international copyright laws. The correct version of this piece of content can be read at https://baseballnewssource.com/markets/taiwan-semiconductor-manufacturing-company-ltd-tsm-stock-rating-reaffirmed-by-keycorp/1727686.html.

A number of hedge funds have recently made changes to their positions in the business. Bruderman Asset Management LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the second quarter worth about $115,000. U S Global Investors Inc acquired a new stake in Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $187,000. Sit Investment Associates Inc. raised its holdings in Taiwan Semiconductor Manufacturing by 107.7% in the second quarter. Sit Investment Associates Inc. now owns 5,400 shares of the semiconductor company’s stock valued at $189,000 after acquiring an additional 2,800 shares in the last quarter. Pictet & Cie Europe SA raised its holdings in Taiwan Semiconductor Manufacturing by 30.6% in the second quarter. Pictet & Cie Europe SA now owns 28,110 shares of the semiconductor company’s stock valued at $193,000 after acquiring an additional 6,586 shares in the last quarter. Finally, Conning Inc. acquired a new stake in Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $201,000. 19.44% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a semiconductor foundry. The Company is engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. It operates through foundry segment.

Analyst Recommendations for Taiwan Semiconductor Manufacturing (NYSE:TSM)

Receive News & Ratings for Taiwan Semiconductor Manufacturing Company Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing Company Ltd. and related companies with our FREE daily email newsletter.

 


Latest News

Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
MLB Commissioner: New Rule for Pace-of-Play in 2018
MLB Commissioner: New Rule for Pace-of-Play in 2018
Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts


Leave a Reply

 
© 2006-2017 BBNS.