Taiwan Semiconductor Manufacturing Co Stock Forecast FAQ
Is Taiwan Semiconductor Manufacturing Co Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: TSM) stock is to Strong Buy TSM stock.
Out of 2 analysts, 1 (50%) are recommending TSM as a Strong Buy, 1 (50%) are recommending TSM as a Buy, 0 (0%) are recommending TSM as a Hold, 0 (0%) are recommending TSM as a Sell, and 0 (0%) are recommending TSM as a Strong Sell.
What is TSM's forecast return on equity (ROE) for 2023-2023?
(NYSE: TSM) forecast ROE is 169%, which is considered strong.
What is TSM's Price Target?
According to 2 Wall Street analysts that have issued a 1 year TSM price target, the average TSM price target is $122.00, with the highest TSM stock price forecast at $126.00 and the lowest TSM stock price forecast at $118.00.
On average, Wall Street analysts predict that Taiwan Semiconductor Manufacturing Co's share price could reach $122.00 by Jun 1, 2024. The average Taiwan Semiconductor Manufacturing Co stock price prediction forecasts a potential upside of 23.31% from the current TSM share price of $98.94.
What is TSM's forecast return on assets (ROA) for 2023-2023?
(NYSE: TSM) forecast ROA is 103.1%, which is higher than the forecast US Semiconductors industry average of 39.93%.
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