News / Taiwan / cnyes
Analysts Raise Formosa Plastics Price Target to 75 TWD
Process Industries · Chemicals: Major Diversified · cnyes · 2026-09-10
1301
A recent FactSet survey shows analysts have raised the target price for Formosa Plastics to 75 TWD, a 3.45% increase, with a generally positive outlook.
What Happened
Price Target Revision: According to the latest FactSet survey, six analysts have raised their median price target for Formosa Plastics from 72.5 TWD to 75 TWD, representing a 3.45% increase and reflecting a more positive market outlook.
Analyst Ratings: Among the six analysts surveyed, five have issued positive ratings, while two remain neutral, indicating a generally optimistic sentiment regarding the company's operational prospects.
Recent Stock Performance: Formosa Plastics' stock has seen limited movement recently, declining 0.15% over the past five days, which underperformed the broader market's 2.21% gain.
Investment Disclaimer: The data provided is for informational purposes only and does not constitute investment advice; investors are encouraged to consider the inherent volatility of the plastics industry.