Due to a more favourable environment, INNOLUX slightly increases to Neutral
INNOLUX (TW), a company active in the Computer Hardware industry, slightly increases its general evaluation. The independent financial analyst theScreener just confirmed the stock market behaviour of the title as moderately risky. At the fundamental level, theScreener confirms the rating of 1 out of 4 stars; given the more favourable environment, the title's overall rating is upgraded to Neutral even if it remains under pressure. As of the analysis date April 5, 2022, the closing price was TWD 16.75 and its target price was estimated at TWD 13.12.Chimei Innolux is engaged in the research, development, design, manufacture and sale of thin film transistor liquid crystal display ("TFT-LCD") panel, modules and monitors of LCD, color filter and low temperature poly-silicon TFT-LCD. Co.'s major products include LCD television panels, monitor panels, notebook computer display panels, audio/video and mobile display panels, medical display panels and special-application panels, which are mainly used for mobile communication products, information product and household electrical appliances. Co. has operations in Japan, the United States, Holland, the United Kingdom, Germany and Singapore.
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