Analyst Rating Update on Taiwan Semiconductor Manufacturing Company Ltd. (TSM)

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) has an average broker rating of 3, which is interpreted as a Hold, as rated by 2 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Company shares have received an average consensus rating of Hold for the current week Also, JP Morgan downgrades their rating on the shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM). The current rating of the shares is Neutral. Earlier, the shares were rated a Overweight by the brokerage firm. The rating by the firm was issued on July 12, 2016.


Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM): The stock was completely flat for the day, closing at $28.16 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $28.08, the stock touched an intraday high of $28.24 and a low of $27.91. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $28.16. The total trading volume on Wednesday was 3,871,974.

Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) is a Taiwan-based company principally engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits (ICs) and other semiconductor devices and the manufacturing of masks. The Company also offers a range of wafer fabrication processes, including processes to manufacture CMOS (complementary metal oxide silicon) logic, mixed-signal, radio frequency (RF), embedded memory, BiCMOS (bipolar complementary metal oxide silicon) mixed-signal and other semiconductors. It also offers design, mask making, bumping, probing, and assembly and testing services. TSMC operates one 150-millimeter wafer fab, six 200-millimeter wafer fabs and three 300-millimeter wafer fabs. The Company manufactures different types of semiconductors with different specific functions. The Companys semiconductor types include logic semiconductors, mixed-signal/RF semiconductors and CMOS image sensor semiconductors.

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