Siltronic AG (OTCMKTS:SSLLF) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Siltronic AG (OTCMKTS:SSLLF) has been given an average rating of “Moderate Buy” by the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company.

Several research firms recently issued reports on SSLLF. DZ Bank upgraded Siltronic from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. UBS Group raised Siltronic from a “hold” rating to a “buy” rating in a research note on Monday, August 3rd. Jefferies Financial Group reissued a “buy” rating on shares of Siltronic in a report on Wednesday, October 7th. Finally, BNP Paribas Exane upgraded Siltronic to an “outperform” rating in a research note on Thursday, July 9th.

Siltronic Stock Performance

Shares of Siltronic stock opened at $80.53 on Thursday. The stock’s 50-day simple moving average is $89.19 and its 200-day simple moving average is $92.09. Siltronic has a 52 week low of $53.70 and a 52 week high of $122.95.

About Siltronic

Siltronic AG is a Germany-based manufacturer of silicon wafers used in the production of semiconductor devices. The company supplies wafers to chip manufacturers, which use them as the foundational material for integrated circuits in applications such as automotive electronics, communications, computing, consumer products and industrial systems.

Its product portfolio includes polished silicon wafers, epitaxial wafers and other specialty wafer products, with substrates available in different diameters and specifications.