Zacks Rating on AU Optronics Corp (AUO)

AU Optronics Corp (AUO) : 3 analysts are covering AU Optronics Corp (AUO) and their average rating on the stock is 1.67, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


AU Optronics Corp. has dropped 1.23% in the last five trading days, however, the shares have posted positive gains of 3.09% in the last 4 weeks. AU Optronics Corp. is up 47.06% in the last 3-month period. Year-to-Date the stock performance stands at 37.46%. AU Optronics Corp (NYSE:AUO): stock turned positive on Tuesday. Though the stock opened at $3.96, the bulls momentum made the stock top out at $4.01 level for the day. The stock recorded a low of $3.935 and closed the trading day at $4, in the green by 1.78%. The total traded volume for the day was 1,474,846. The stock had closed at $3.93 in the previous days trading.

Au Optronics Corp. is engaged in the research, development, production and sale of thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays used in a range of applications. The Company is also engaged in the production and sale of solar photovoltaic (PV) modules and systems. The Company operates in two business segments: Display Business and Solar Business. In the Display Business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays. In the Solar Business segment, the Company designs, develops and manufactures PV modules, as well as produce solar PV systems and provide various value-added services for solar PV systems projects.

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