Siltronic (FRA:WAF) has been assigned a €118.00 ($137.21) price objective by equities researchers at Berenberg Bank in a research note issued to investors on Friday. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 22.81% from the company’s previous close.
Several other equities analysts have also recently weighed in on the company. Credit Suisse Group set a €190.00 ($220.93) price objective on Siltronic and gave the company a “buy” rating in a report on Wednesday, August 15th. Citigroup set a €135.00 ($156.98) price objective on Siltronic and gave the company a “neutral” rating in a report on Tuesday, August 14th. Deutsche Bank set a €175.00 ($203.49) price objective on Siltronic and gave the company a “buy” rating in a report on Friday, July 27th. Kepler Capital Markets set a €154.00 ($179.07) price objective on Siltronic and gave the company a “buy” rating in a report on Friday, September 21st. Finally, Baader Bank set a €125.00 ($145.35) price target on Siltronic and gave the stock a “buy” rating in a report on Monday, September 17th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of €141.00 ($163.95).
Shares of FRA WAF opened at €96.08 ($111.72) on Friday. 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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