Brokerage Firm Rating Update on AU Optronics Corp (AUO)

AU Optronics Corp (AUO) has an average broker rating of 2, which is interpreted as a Buy, as rated by 2 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.


For the current week, the company shares have a recommendation consensus of Buy. Also, Bank of America upgrades its rating on AU Optronics Corp (NYSE:AUO). Analysts at the Bank of America have a current rating of Buy on the shares. The shares were previously rated Neutral. The rating by the firm was issued on July 19, 2016.

AU Optronics Corp (NYSE:AUO): stock was range-bound between the intraday low of $3.78 and the intraday high of $3.9 after having opened at $3.85 on Wednesdays session. The stock finally closed in the red at $3.85, a loss of -0.52%. The stock remained in the red for the whole trading day. The total traded volume was 1,546,201 shares. The stock failed to cross $3.9 in Wednesdays trading. The stocks closing price on Thursday was $3.85.

Au Optronics Corp. is engaged in the research, development, production and sale of thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays used in a range of applications. The Company is also engaged in the production and sale of solar photovoltaic (PV) modules and systems. The Company operates in two business segments: Display Business and Solar Business. In the Display Business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays. In the Solar Business segment, the Company designs, develops and manufactures PV modules, as well as produce solar PV systems and provide various value-added services for solar PV systems projects.

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