Yahoo Finance What does the future hold for the Taiwan Semiconductor Manufacturing Co share price?
The Taiwan Semiconductor Manufacturing Co (TPE:2330) share price has risen by 3.86% over the past month and it’s currently trading at 315. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Taiwan Semiconductor Manufacturing Co currently has:
8 Buy recommendations
6 Hold recommendations
0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
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What else can I look at?
At its current price of 315, shares in Taiwan Semiconductor Manufacturing Co are trading at a discount of -10.5% to its 52 week high price. The 1-year performance of the shares has been 31.1%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Taiwan Semiconductor Manufacturing Co it's worth doing some investigation yourself.
There are all sorts of factors that could affect Taiwan Semiconductor Manufacturing Co's share price this year – we simplify them into easy to understand scores with our Stockopedia StockReport. Click here to take a look at the StockReport for Taiwan Semiconductor Manufacturing Co – you might discover some surprising things you didn’t know.
