Formosa Petrochemical Corporation (6505.TW)
Refines crude oil into gasoline, diesel, and chemical raw materials for industrial use
74.80+0.00%Energy
StockGlow Score
Leaning Bullish
BearishBullish
1 year ago+70.8%
The outlook
Formosa Petrochemical is trading above both its 50- and 200-day moving averages, sitting roughly midway through its 52-week range. Analyst consensus leans bullish with a "Buy" rating, though the average price target sits about 7% below the current price. The stock carries a elevated trailing P/E of 26.8 relative to historical norms for the sector.
What’s behind the score
Analyst consensusBuy — 2.2 avg of 5 analysts
Price trendAbove its 50- & 200-day averages
52-week range61% of the way from its 52-week low to high
Price targetAvg target -7% vs current price
Analyst price target
~12-month · 5 analysts69.20average target-7.5% vs now
Now 74.80
Low 40.00High 100.00
Published targets from Wall Street analysts (public data) — what analysts expect over roughly a year. This is not a StockGlow forecast and not a recommendation. Analyst targets are frequently wrong.
Market cap
$712.54B
52-wk high
97.90
52-wk low
38.30
50-day avg
59.85
200-day avg
53.59
Trailing P/E
26.8