Credit Suisse Group Reiterates “€170.00” Price Target for Siltronic (WAF)

Siltronic (FRA:WAF) has been given a €170.00 ($209.88) price objective by equities researchers at Credit Suisse Group in a report issued on Wednesday. The firm currently has a “buy” rating on the stock. Credit Suisse Group’s price objective would indicate a potential upside of 45.67% from the company’s current price.

A number of other equities research analysts have also recently commented on the company. Commerzbank set a €99.00 ($122.22) target price on Siltronic and gave the stock a “neutral” rating in a research note on Thursday, October 26th. Kepler Capital Markets set a €155.00 ($191.36) target price on Siltronic and gave the stock a “buy” rating in a research note on Tuesday, November 14th. Citigroup set a €125.00 ($154.32) price objective on Siltronic and gave the company a “buy” rating in a research report on Friday, October 27th. Finally, Deutsche Bank set a €155.00 ($191.36) price objective on Siltronic and gave the company a “buy” rating in a research report on Friday, January 12th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of €145.00 ($179.01).

Siltronic (FRA WAF) traded up €8.60 ($10.62) during midday trading on Wednesday, hitting €116.70 ($144.07). The stock had a trading volume of 400,233 shares. Siltronic has a 52-week low of €53.00 ($65.43) and a 52-week high of €144.40 ($178.27). The stock has a market capitalization of $3,410.00 and a PE ratio of 27.20.

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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, epitaxial, and argon-annealed wafers; and specialized products, including floatzone and power products. Its silicon wafers are used in computers, smartphones, flat screens, and navigation systems.

Analyst Recommendations for Siltronic (FRA:WAF)

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