Commerzbank set a €120.00 ($148.15) price target on Siltronic (FRA:WAF) in a report released on Wednesday. The brokerage currently has a neutral rating on the stock.
Several other brokerages have also commented on WAF. Citigroup set a €150.00 ($185.19) price target on Siltronic and gave the stock a buy rating in a research note on Tuesday, March 13th. Credit Suisse Group set a €165.00 ($203.70) price target on Siltronic and gave the stock a buy rating in a research note on Tuesday, January 9th. Kepler Capital Markets set a €155.00 ($191.36) price target on Siltronic and gave the stock a buy rating in a research note on Thursday, February 1st. Finally, Deutsche Bank set a €155.00 ($191.36) price target on Siltronic and gave the stock a buy rating in a research note on Thursday, March 8th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of €152.60 ($188.40).
FRA:WAF opened at €149.70 ($184.81) on Wednesday. Siltronic has a 1-year low of €53.00 ($65.43) and a 1-year high of €153.20 ($189.14).
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Siltronic Company Profile
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 and epitaxial wafers; and special products, such as Ultimate Silicon, PowerFZ, HiREF, and argon-annealed wafers. Its silicon wafers are used in computers, smartphones, flat screens, navigation systems, and other various applications.
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