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.
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.
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