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Susquehanna Maintains Their Hold Rating on Taiwan Semi (TSM)

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Susquehanna analyst Mehdi Hosseini maintained a Hold rating on Taiwan Semi (TSMResearch Report) on December 19. The company’s shares closed last Thursday at $120.68.

According to TipRanks.com, Hosseini is a 5-star analyst with an average return of 14.0% and a 61.3% success rate. Hosseini covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and National Instruments.

The word on The Street in general, suggests a Hold analyst consensus rating for Taiwan Semi with a $120.00 average price target.

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Taiwan Semi’s market cap is currently $565.2B and has a P/E ratio of 30.68.

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Taiwan Semiconductor Manufacturing Co., Ltd. manufactures and sells integrated circuits and wafer semiconductor devices. Its chips are used in several end markets including high performance computing platforms (like personal computers, tablets, servers and game consoles), automotive, Internet of Things (includes connected devices like smart wearables and surveillance systems) and digital consumer electronics like TVs and cameras. The company was founded by Chung Mou Chang on February 21, 1987 and is headquartered in Hsinchu, Taiwan.

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