Siltronic AG (WAF) Receives €92.67 Average Price Target from Brokerages

Shares of Siltronic AG (FRA:WAF) have received a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is €92.67 ($107.75).

A number of analysts have recently issued reports on WAF shares. Berenberg Bank set a €78.00 ($90.70) price objective on shares of Siltronic and gave the stock a “neutral” rating in a research note on Wednesday, May 29th. Kepler Capital Markets set a €85.00 ($98.84) price objective on shares of Siltronic and gave the stock a “neutral” rating in a research note on Monday, March 11th. Credit Suisse Group set a €88.00 ($102.33) price objective on shares of Siltronic and gave the stock a “neutral” rating in a research note on Tuesday, March 5th. UBS Group set a €65.00 ($75.58) price objective on shares of Siltronic and gave the stock a “sell” rating in a research note on Wednesday, April 10th. Finally, Oddo Bhf set a €90.00 ($104.65) price objective on shares of Siltronic and gave the stock a “neutral” rating in a research note on Thursday, April 11th.

FRA:WAF traded up €0.82 ($0.95) during mid-day trading on Tuesday, hitting €61.04 ($70.98). 212,993 shares of the company’s stock traded hands. Siltronic has a 12 month low of €53.00 ($61.63) and a 12 month high of €153.20 ($178.14).

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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