Siltronic (WAF) Given a €120.00 Price Target at Commerzbank

Commerzbank set a €120.00 ($148.15) target price on Siltronic (FRA:WAF) in a research note released on Wednesday morning. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts have also issued reports on the stock. Credit Suisse Group set a €170.00 ($209.88) target price on shares of Siltronic and gave the stock a buy rating in a report on Wednesday, February 14th. Deutsche Bank set a €155.00 ($191.36) price objective on shares of Siltronic and gave the company a buy rating in a report on Friday, February 2nd. Kepler Capital Markets set a €155.00 ($191.36) price objective on shares of Siltronic and gave the company a buy rating in a report on Thursday, February 1st. Finally, Citigroup set a €150.00 ($185.19) price objective on shares of Siltronic and gave the company a buy rating in a report on Tuesday, March 13th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of Buy and an average price target of €152.60 ($188.40).

FRA:WAF opened at €146.30 ($180.62) on Wednesday. Siltronic has a 12-month low of €53.00 ($65.43) and a 12-month high of €153.20 ($189.14).

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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.

Analyst Recommendations for Siltronic (FRA:WAF)

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