UBS Group set a €65.00 ($75.58) price objective on Siltronic (FRA:WAF) in a research note published on Wednesday, May 29th, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Other equities analysts have also recently issued research reports about the company. Deutsche Bank set a €70.00 ($81.40) price objective on Siltronic and gave the company a neutral rating in a report on Monday, April 15th. Kepler Capital Markets set a €85.00 ($98.84) price target on Siltronic and gave the stock a neutral rating in a report on Thursday, April 11th. Oddo Bhf set a €90.00 ($104.65) price target on Siltronic and gave the stock a neutral rating in a report on Thursday, April 11th. Credit Suisse Group set a €78.00 ($90.70) price target on Siltronic and gave the stock a neutral rating in a report on Thursday, April 11th. Finally, Berenberg Bank set a €85.00 ($98.84) price objective on shares of Siltronic and gave the stock a neutral rating in a research report on Thursday, March 7th. Eight equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Siltronic currently has an average rating of Hold and an average price target of €92.33 ($107.36).
WAF stock traded down €3.38 ($3.93) during trading hours on Wednesday, reaching €57.74 ($67.14). 289,188 shares of the stock were exchanged. Siltronic has a 12 month low of €53.00 ($61.63) and a 12 month 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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