AU Optronics Corp (AUO) Given Consensus Recommendation of “Hold” by Analysts

AU Optronics Corp (NYSE:AUO) has received an average recommendation of “Hold” from the twelve brokerages that are covering the firm, MarketBeat reports. Five research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company.

Several research firms have recently commented on AUO. Credit Suisse Group downgraded AU Optronics from a “neutral” rating to an “underperform” rating in a report on Tuesday. CLSA raised AU Optronics from an “underperform” rating to an “outperform” rating in a report on Wednesday, January 24th. Finally, Morgan Stanley raised AU Optronics from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 23rd.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. boosted its holdings in shares of AU Optronics by 7.9% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 977,409 shares of the semiconductor company’s stock valued at $4,067,000 after buying an additional 71,300 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in shares of AU Optronics by 24.8% in the 3rd quarter. Allianz Asset Management GmbH now owns 265,962 shares of the semiconductor company’s stock valued at $1,074,000 after buying an additional 52,817 shares during the last quarter. Dynamic Technology Lab Private Ltd boosted its holdings in shares of AU Optronics by 168.6% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 57,262 shares of the semiconductor company’s stock valued at $231,000 after buying an additional 35,945 shares during the last quarter. Wedbush Securities Inc. boosted its holdings in shares of AU Optronics by 27.7% in the 3rd quarter. Wedbush Securities Inc. now owns 70,513 shares of the semiconductor company’s stock valued at $285,000 after buying an additional 15,301 shares during the last quarter. Finally, Aperio Group LLC raised its stake in AU Optronics by 2.2% in the 3rd quarter. Aperio Group LLC now owns 3,097,603 shares of the semiconductor company’s stock valued at $12,514,000 after acquiring an additional 65,825 shares during the period. 6.65% of the stock is owned by institutional investors.

AU Optronics (NYSE AUO) traded down $0.13 during midday trading on Tuesday, hitting $4.82. The stock had a trading volume of 1,347,320 shares, compared to its average volume of 983,956. The firm has a market cap of $4,590.00, a P/E ratio of 3.71 and a beta of 0.56. The company has a current ratio of 1.57, a quick ratio of 1.36 and a debt-to-equity ratio of 0.46. AU Optronics has a 12 month low of $3.60 and a 12 month high of $5.35.

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AU Optronics Company Profile

AU Optronics Corp. is a thin-film-transistor liquid-crystal display (TFT-LCD) panel provider. The Company operates in two business segments: display business and solar business. Through Display business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays and most of its products are TFT-LCD panels.

Analyst Recommendations for AU Optronics (NYSE:AUO)

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