Siltronic (WAF) Given a €106.00 Price Target by Credit Suisse Group Analysts

Siltronic (FRA:WAF) has been given a €106.00 ($123.26) price objective by investment analysts at Credit Suisse Group in a research report issued to clients and investors on Tuesday. The firm presently has a “neutral” rating on the stock. Credit Suisse Group’s price objective indicates a potential upside of 32.90% from the company’s previous close.

Several other research firms have also recently commented on WAF. Berenberg Bank set a €130.00 ($151.16) target price on Siltronic and gave the company a “sell” rating in a research note on Wednesday, August 8th. Deutsche Bank set a €175.00 ($203.49) target price on Siltronic and gave the company a “buy” rating in a research note on Friday, July 27th. Commerzbank set a €120.00 ($139.53) target price on Siltronic and gave the company a “neutral” rating in a research note on Wednesday, July 25th. Kepler Capital Markets set a €168.00 ($195.35) target price on Siltronic and gave the company a “buy” rating in a research note on Wednesday, July 25th. Finally, Citigroup set a €135.00 ($156.98) target price on Siltronic and gave the company a “neutral” rating in a research note on Tuesday, August 14th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of €121.00 ($140.70).

FRA WAF opened at €79.76 ($92.74) on Tuesday. Siltronic has a 52 week low of €53.00 ($61.63) and a 52 week high of €153.20 ($178.14).

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 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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