Siltronic (FRA:WAF) Rating Reiterated by Deutsche Bank

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Siltronic (FRA:WAF)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank in a report issued on Friday, September 21st.

A number of other equities analysts also recently weighed in on WAF. Credit Suisse Group set a €190.00 ($220.93) target price on shares of Siltronic and gave the stock a “buy” rating in a report on Wednesday, August 15th. Citigroup set a €135.00 ($156.98) price objective on shares of Siltronic and gave the stock a “neutral” rating in a research report on Tuesday, August 14th. Kepler Capital Markets set a €154.00 ($179.07) price objective on shares of Siltronic and gave the stock a “buy” rating in a research report on Friday, September 21st. Baader Bank set a €125.00 ($145.35) price objective on shares of Siltronic and gave the stock a “buy” rating in a research report on Monday, September 17th. Finally, Berenberg Bank set a €130.00 ($151.16) price objective on shares of Siltronic and gave the stock a “sell” rating in a research report on Wednesday, August 8th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of €141.00 ($163.95).

FRA WAF opened at €96.08 ($111.72) on Friday. Siltronic has a 12-month low of €53.00 ($61.63) and a 12-month 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.

Further Reading: Intrinsic Value and Stock Selection

Analyst Recommendations for Siltronic (FRA:WAF)

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