The Mediatek Inc (TPE:2454) share price has risen by 23.9% over the past month and it’s currently trading at 732. 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, Mediatek Inc currently has:
- 10 Buy recommendations
- 4 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
GET MORE DATA-DRIVEN INSIGHTS INTO TPE:2454 »
Researching beyond analyst forecasts
At its current price of 732, shares in Mediatek Inc are trading at a discount of -4.33% to its 52 week high price. The 1-year performance of the shares has been 136.2%.
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 Mediatek Inc it's worth doing some investigation yourself.
There are all sorts of factors that could affect Mediatek Inc'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 Mediatek Inc – you might discover some surprising things you didn’t know.
August 06, 2020 at 04:05PM
https://ift.tt/2DJrlUw
Brokers bullish on Mediatek Inc shares - Yahoo Finance UK
https://ift.tt/3e1uOdC
Mediatek
No comments:
Post a Comment