Siltronic AG (FRA:WAF) Receives €77.44 Consensus PT from Brokerages

Shares of Siltronic AG (FRA:WAF) have been assigned a consensus recommendation of “Hold” from the nine ratings firms that are covering the company, Marketbeat reports. Seven equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is €77.44 ($90.05).

A number of research firms have commented on WAF. HSBC set a €83.00 ($96.51) price target on shares of Siltronic and gave the stock a “buy” rating in a research note on Monday, September 30th. Berenberg Bank set a €62.00 ($72.09) price target on shares of Siltronic and gave the stock a “neutral” rating in a research note on Friday, July 26th. Credit Suisse Group set a €66.00 ($76.74) price objective on shares of Siltronic and gave the stock a “neutral” rating in a report on Wednesday, August 7th. Oddo Bhf set a €60.00 ($69.77) price objective on shares of Siltronic and gave the stock a “neutral” rating in a report on Thursday, July 11th. Finally, UBS Group set a €62.00 ($72.09) price objective on shares of Siltronic and gave the stock a “neutral” rating in a report on Monday, October 7th.

WAF stock traded up €0.04 ($0.05) during midday trading on Monday, reaching €73.52 ($85.49). The company had a trading volume of 157,430 shares. Siltronic has a 1 year low of €53.00 ($61.63) and a 1 year high of €153.20 ($178.14). The firm has a 50-day moving average price of €66.47 and a 200-day moving average price of €69.74.

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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Analyst Recommendations for Siltronic (FRA:WAF)

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