Brokerages Set Siltronic AG (FRA:WAF) Price Target at €77.13

Shares of Siltronic AG (FRA:WAF) have been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is €78.38 ($91.13).

A number of equities research analysts have recently issued reports on WAF shares. Credit Suisse Group set a €76.00 ($88.37) price objective on Siltronic and gave the stock a “neutral” rating in a report on Wednesday, January 29th. Nord/LB set a €92.00 ($106.98) price objective on Siltronic and gave the stock a “neutral” rating in a report on Friday, January 31st. Berenberg Bank set a €71.00 ($82.56) price objective on Siltronic and gave the stock a “sell” rating in a report on Wednesday, February 5th. Oddo Bhf set a €65.00 ($75.58) price objective on Siltronic and gave the stock a “neutral” rating in a report on Monday, January 6th. Finally, Kepler Capital Markets set a €74.00 ($86.05) price objective on Siltronic and gave the stock a “neutral” rating in a report on Wednesday, January 29th.

Shares of FRA:WAF traded up €3.75 ($4.36) during trading on Friday, reaching €107.10 ($124.53). 281,686 shares of the stock were exchanged. Siltronic has a 12 month low of €53.00 ($61.63) and a 12 month high of €153.20 ($178.14). The stock has a 50-day moving average price of €92.90 and a 200-day moving average price of €78.53.

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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