Siltronic (WAF) PT Set at €155.00 by Deutsche Bank

Siltronic (FRA:WAF) has been given a €155.00 ($184.52) price objective by Deutsche Bank in a research note issued on Friday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 16.72% from the stock’s current price.

Several other research analysts have also commented on WAF. Commerzbank set a €120.00 ($142.86) price target on shares of Siltronic and gave the stock a “neutral” rating in a research note on Wednesday. Citigroup set a €115.00 ($136.90) price target on shares of Siltronic and gave the stock a “buy” rating in a research note on Monday, September 25th. Credit Suisse Group set a €165.00 ($196.43) price target on shares of Siltronic and gave the stock a “buy” rating in a research note on Tuesday. Finally, Kepler Capital Markets set a €121.00 ($144.05) price target on shares of Siltronic and gave the stock a “buy” rating in a research note on Monday, September 25th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Siltronic presently has a consensus rating of “Buy” and an average target price of €144.00 ($171.43).

Siltronic (FRA WAF) opened at €132.80 ($158.10) on Friday. Siltronic has a 12 month low of €46.08 ($54.86) and a 12 month high of €143.41 ($170.73). The company has a market cap of $3,970.00 and a price-to-earnings ratio of 30.96.

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About Siltronic

Siltronic AG, together with its subsidiaries, produces and sells semiconductor silicon wafers with diameters of up to 300 mm worldwide. The company’s products include polished, epitaxial, and argon-annealed wafers; and specialized products, including floatzone and power products. Its silicon wafers are used in computers, smartphones, flat screens, and navigation systems.

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