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Enter Symbol:
 
Semiconductor Manufacturing International Corporation (SMI) [hlAlert]

Rating:
Buy SMI
up 19.82 %

Semiconductor Manufacturing International Corporation (SMI) upgraded to Buy by BofA/Merrill

Posted on: Wednesday,  Aug 12, 2015  12:25 PM ET by BofA/Merrill

BofA/Merrill rated Buy Semiconductor Manufacturing International Corporation (NYSE: SMI) on 08/12/2015. Previously BofA/Merrill rated Underperform Semiconductor Manufacturing International Corporation (NYSE: SMI)
on 04/14/2015., when the stock price was $5.62. Since then, Semiconductor Manufacturing International Corporation has lost 16.55% as of 08/12/2015's recent price of $4.69.
If you would have followed the previous BofA/Merrill's recommendation on SMI, you would have gained 19.82% of your investment in 120 days.

Semiconductor Manufacturing International Corporation (SMIC) is a holding company that operates through its subsidiaries. The Company is engaged in the computer-aided design, manufacturing, packaging, testing and trading of integrated circuits and other semiconductor services, as well as manufacturing and designing semiconductor masks. The Company?s subsidiaries include Semiconductor Manufacturing International (Shanghai) Corporation (SMIC Shanghai), Semiconductor Manufacturing International (Beijing) Corporation (SMIC Beijing) and Semiconductor Manufacturing International (Tianjin) Corporation. The Company serves a global customer base, consisting of integrated device manufacturer, fabless semiconductor companies and system companies.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/12/2015 12:25 PM Buy
None
4.69
as of 8/27/2015
1 Week down  -1.34 %
1 Month up  12.39 %
3 Months up  3.27 %
1 YTD up  10.36 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/14/2015 10:25 AM Sell
None
5.62
8/12/2013 11:25 AM Hold
None
3.98

(*) Stock Price at the time of the recommendation.
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