Shares of AU Optronics Corp. (NYSE:AUO) have earned an average recommendation of “Hold” from the nine analysts that are currently covering the company. Five equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $4.13.

Several brokerages recently commented on AUO. Jefferies Group downgraded shares of AU Optronics Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, July 28th. Nomura downgraded shares of AU Optronics Corp. from a “buy” rating to a “neutral” rating in a research report on Friday, October 28th. Zacks Investment Research upgraded shares of AU Optronics Corp. from a “hold” rating to a “buy” rating and set a $4.25 price target for the company in a research report on Wednesday, July 20th. Drexel Hamilton restated a “hold” rating on shares of AU Optronics Corp. in a research report on Thursday, October 6th. Finally, Sanford C. Bernstein downgraded shares of AU Optronics Corp. from an “outperform” rating to a “market perform” rating and increased their target price for the stock from $3.81 to $4.00 in a research report on Friday, September 9th. They noted that the move was a valuation call.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada raised its position in shares of AU Optronics Corp. by 0.3% in the second quarter. Royal Bank of Canada now owns 39,284 shares of the company’s stock valued at $137,000 after buying an additional 132 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of AU Optronics Corp. by 1.5% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 110,894 shares of the company’s stock valued at $405,000 after buying an additional 1,639 shares during the period. World Asset Management Inc raised its position in shares of AU Optronics Corp. by 7.5% in the second quarter. World Asset Management Inc now owns 59,928 shares of the company’s stock valued at $209,000 after buying an additional 4,173 shares during the period. BlackRock Institutional Trust Company N.A. raised its position in shares of AU Optronics Corp. by 1.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 773,058 shares of the company’s stock valued at $2,822,000 after buying an additional 9,867 shares during the period. Finally, Wetherby Asset Management Inc. raised its position in shares of AU Optronics Corp. by 36.2% in the second quarter. Wetherby Asset Management Inc. now owns 38,691 shares of the company’s stock valued at $135,000 after buying an additional 10,275 shares during the period. Institutional investors own 6.58% of the company’s stock.

Shares of AU Optronics Corp. (NYSE:AUO) opened at 3.49 on Thursday. The company’s 50-day moving average is $3.77 and its 200-day moving average is $3.47. The stock’s market capitalization is $3.36 billion. AU Optronics Corp. has a 12 month low of $2.32 and a 12 month high of $4.42.

AU Optronics Corp. 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.

5 Day Chart for NYSE:AUO

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