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AU Optronics Corp (ADR) (NYSE:AUO) has been downgraded to Hold in a report by Zacks Investment Research today.

Boasting a price of $4.16, AU Optronics Corp (ADR) (NYSE:AUO) traded 0.24% higher on the day. With the last stock price close up 3.11% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. AU Optronics Corp (ADR) has recorded a 50-day average of $3.96 and a two hundred day average of $3.99. Volume of trade was down over the average, with 599,170 shares of AUO changing hands under the typical 2,313,950

Zacks Investment Research has downgraded AU Optronics Corp (ADR) (NYSE:AUO) to Hold in a report released on Wednesday June 21, 2017.

Previously on 6/15/2017, Zacks Investment Research reported on AU Optronics Corp (ADR) (NYSE:AUO) raised the target price from $0.00 to $4.50 that suggested an upside of 0.14%.

Performance Chart

AU Optronics Corp (ADR) (NYSE:AUO)

With a total market value of $0, AU Optronics Corp (ADR) has price-earnings ratio of 3.48 with a one year low of $3.44 and a one year high of $4.95 .

In addition to Zacks Investment Research reporting its target price, a total of 3 firms have reported on the stock. The consensus target price is $3.10 with 1 firm rating the stock a strong buy, 0 firms rating the stock a buy, 1 firm rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On AU Optronics Corp (ADR) (NYSE:AUO)

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. Its panels are primarily used in televisions, monitors, mobile personal computers (PCs), mobile devices and commercial and other applications (such as displays for automobiles, industrial PCs, automated teller machines, point of sale terminals and pachinko machines). Through Solar business segment, the Company is capable of manufacturing upstream and midstream products, such as ingots, solar wafers and solar cells. Through the Company's subsidiaries AUO Crystal Corp. and M.Setek Co., Ltd. (M.Setek), it mainly focuses on research, production and sales of solar materials, such as ingots and solar wafers.

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