Shares of United Microelectronics Co. ( NYSE:UMC – Get Rating ) have been given an average rating of 'Moderate Buy' by the eight research firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $6.

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