Commerzbank set a €120.00 ($142.86) target price on Siltronic (FRA:WAF) in a research note issued to investors on Wednesday morning. The brokerage currently has a neutral rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Credit Suisse Group set a €165.00 ($196.43) target price on shares of Siltronic and gave the stock a buy rating in a research report on Tuesday. Kepler Capital Markets set a €121.00 ($144.05) target price on shares of Siltronic and gave the stock a buy rating in a research report on Monday, September 25th. Finally, Citigroup set a €115.00 ($136.90) target price on shares of Siltronic and gave the stock a buy rating in a research report on Monday, September 25th.

Siltronic (WAF) traded up €0.85 ($1.01) during trading hours on Wednesday, hitting €129.75 ($154.46). 96,421 shares of the stock traded hands. Siltronic has a 12-month low of €46.08 ($54.86) and a 12-month high of €143.41 ($170.73). The stock has a market cap of $3,850.00 and a PE ratio of 30.24.

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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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