Siltronic (FRA:WAF) has been assigned a €80.00 ($89.89) price objective by equities researchers at Berenberg Bank in a research report issued to clients and investors on Friday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 5.26% from the stock’s previous close.
A number of other analysts also recently issued reports on the company. Deutsche Bank set a €80.00 ($89.89) price target on Siltronic and gave the stock a “neutral” rating in a report on Thursday, July 9th. Nord/LB set a €84.00 ($94.38) target price on Siltronic and gave the stock a “neutral” rating in a research note on Friday, June 5th. Kepler Capital Markets set a €83.00 ($93.26) price target on shares of Siltronic and gave the company a “neutral” rating in a research note on Thursday, May 7th. UBS Group set a €92.00 ($103.37) price objective on shares of Siltronic and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, Credit Suisse Group set a €90.00 ($101.12) target price on shares of Siltronic and gave the company a “neutral” rating in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. Siltronic currently has a consensus rating of “Hold” and a consensus price target of €80.75 ($90.73).
Siltronic stock opened at €76.00 ($85.39) on Friday. The company has a fifty day simple moving average of €89.84 and a 200-day simple moving average of €84.40. Siltronic has a 12-month low of €53.00 ($59.55) and a 12-month high of €153.20 ($172.13).
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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