Siltronic (FRA:WAF) has been given a €78.00 ($90.70) price target by analysts at Credit Suisse Group in a note issued to investors on Thursday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Credit Suisse Group’s target price indicates a potential downside of 5.36% from the company’s current price.
WAF has been the subject of a number of other reports. UBS Group set a €65.00 ($75.58) price objective on Siltronic and gave the company a “sell” rating in a research note on Friday, March 15th. Kepler Capital Markets set a €92.00 ($106.98) price objective on Siltronic and gave the company a “neutral” rating in a research note on Friday, February 1st. Berenberg Bank set a €95.00 ($110.47) price objective on Siltronic and gave the company a “neutral” rating in a research note on Friday, February 1st. Finally, Deutsche Bank set a €80.00 ($93.02) price objective on Siltronic and gave the company a “neutral” rating in a research note on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of €95.89 ($111.50).
Shares of FRA:WAF opened at €82.42 ($95.84) on Thursday. Siltronic has a 12-month low of €53.00 ($61.63) and a 12-month high of €153.20 ($178.14).
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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