UBS Group Reiterates “€81.00” Price Target for Siltronic (FRA:WAF)
Siltronic (FRA:WAF) has been assigned a €81.00 ($94.19) target price by UBS Group in a research report issued on Tuesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. UBS Group’s target price would indicate a potential upside of 10.57% from the company’s previous close.
Several other equities research analysts have also recently commented on WAF. HSBC set a €83.00 ($96.51) target price on Siltronic and gave the stock a “buy” rating in a research note on Monday, September 30th. Kepler Capital Markets set a €74.00 ($86.05) target price on Siltronic and gave the stock a “neutral” rating in a research note on Friday, November 15th. Deutsche Bank set a €75.00 ($87.21) target price on Siltronic and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Berenberg Bank set a €70.00 ($81.40) target price on Siltronic and gave the stock a “neutral” rating in a research note on Thursday, November 21st. Finally, Credit Suisse Group set a €76.00 ($88.37) target price on Siltronic and gave the stock a “neutral” rating in a research note on Friday, October 25th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of €74.14 ($86.21).
FRA WAF opened at €73.26 ($85.19) on Tuesday. The business has a 50 day simple moving average of €79.57 and a 200 day simple moving average of €68.54. Siltronic has a one year low of €53.00 ($61.63) and a one year 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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