UBS Group Reiterates “€65.00” Price Target for Siltronic (WAF)

Siltronic (FRA:WAF) received a €65.00 ($75.58) price objective from investment analysts at UBS Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock. UBS Group’s price target would suggest a potential downside of 23.92% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. Deutsche Bank set a €70.00 ($81.40) target price on Siltronic and gave the company a “neutral” rating in a report on Monday. Kepler Capital Markets set a €85.00 ($98.84) target price on Siltronic and gave the company a “neutral” rating in a report on Thursday, April 11th. Oddo Bhf set a €90.00 ($104.65) target price on Siltronic and gave the company a “neutral” rating in a report on Thursday, April 11th. Credit Suisse Group set a €78.00 ($90.70) target price on Siltronic and gave the company a “neutral” rating in a report on Thursday, April 11th. Finally, Berenberg Bank set a €85.00 ($98.84) target price on Siltronic and gave the company a “neutral” rating in a report on Thursday, March 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. Siltronic currently has a consensus rating of “Hold” and an average price target of €94.78 ($110.21).

FRA WAF opened at €84.62 ($98.40) on Tuesday. 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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