Credit Suisse Group Reiterates “€165.00” Price Target for Siltronic (WAF)

Siltronic (FRA:WAF) has been given a €165.00 ($196.43) price target by Credit Suisse Group in a research note issued on Tuesday. The brokerage presently has a “buy” rating on the stock. Credit Suisse Group’s price target would suggest a potential upside of 27.86% from the stock’s previous close.

Several other research firms have also recently issued reports on WAF. Kepler Capital Markets set a €155.00 ($184.52) price objective on shares of Siltronic and gave the company a “buy” rating in a report on Wednesday, November 1st. Commerzbank set a €99.00 ($117.86) price objective on shares of Siltronic and gave the company a “neutral” rating in a report on Thursday, October 5th. Finally, Citigroup set a €115.00 ($136.90) target price on shares of Siltronic and gave the company a “buy” rating in a research note on Monday, September 25th.

Siltronic (FRA:WAF) opened at €129.05 ($153.63) on Tuesday. The stock has a market cap of $3,850.00 and a P/E ratio of 30.08. Siltronic has a 1-year low of €46.08 ($54.86) and a 1-year high of €143.41 ($170.73).

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About Siltronic

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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