Credit Suisse Group Analysts Give Siltronic (FRA:WAF) a €66.00 Price Target

Siltronic (FRA:WAF) has been assigned a €66.00 ($76.74) price target by equities researchers at Credit Suisse Group in a research note issued on Wednesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Credit Suisse Group’s target price would suggest a potential upside of 9.60% from the company’s current price.

A number of other brokerages have also commented on WAF. Deutsche Bank set a €60.00 ($69.77) price objective on Siltronic and gave the company a “neutral” rating in a report on Monday, July 29th. UBS Group set a €62.00 ($72.09) price objective on Siltronic and gave the company a “neutral” rating in a report on Thursday, July 25th. Kepler Capital Markets set a €59.00 ($68.60) price objective on Siltronic and gave the company a “neutral” rating in a report on Tuesday, June 25th. Oddo Bhf set a €60.00 ($69.77) price objective on Siltronic and gave the company a “neutral” rating in a report on Thursday, July 11th. Finally, Berenberg Bank set a €62.00 ($72.09) price objective on Siltronic and gave the company a “neutral” rating in a report on Friday, July 26th. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of €83.22 ($96.77).

Shares of FRA WAF traded down €0.62 ($0.72) during mid-day trading on Wednesday, reaching €60.22 ($70.02). 145,250 shares of the company traded hands. The company’s fifty day moving average is €64.33. Siltronic has a fifty-two week low of €53.00 ($61.63) and a fifty-two week high of €153.20 ($178.14).

Siltronic Company Profile

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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Analyst Recommendations for Siltronic (FRA:WAF)

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