Deutsche Bank set a €70.00 ($81.40) price objective on Siltronic (FRA:WAF) in a research note published on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research firms have also recently commented on WAF. Berenberg Bank set a €85.00 ($98.84) price target on Siltronic and gave the company a neutral rating in a research note on Thursday, March 7th. Kepler Capital Markets set a €92.00 ($106.98) price target on Siltronic and gave the company a neutral rating in a research note on Thursday, February 21st. Credit Suisse Group set a €106.00 ($123.26) price target on Siltronic and gave the company a neutral rating in a research note on Wednesday, January 30th. UBS Group set a €65.00 ($75.58) price objective on Siltronic and gave the stock a sell rating in a research note on Friday, March 15th. Finally, Oddo Bhf set a €90.00 ($104.65) price objective on Siltronic and gave the stock a neutral rating in a research note on Thursday, April 11th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. The company presently has an average rating of Hold and an average price target of €94.78 ($110.21).
Siltronic stock opened at €85.54 ($99.47) on Monday. Siltronic has a fifty-two week low of €53.00 ($61.63) and a fifty-two week 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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