Shares of Siltronic AG (OTCMKTS:SSLLF – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the seven research firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.
SSLLF has been the subject of a number of recent analyst reports. DZ Bank raised Siltronic from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Siltronic in a research report on Wednesday, May 6th. Oddo Bhf downgraded Siltronic to an “underperform” rating in a report on Monday, May 4th. Jefferies Financial Group restated a “buy” rating on shares of Siltronic in a report on Thursday, July 30th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Siltronic in a research note on Monday, June 1st.
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Siltronic Price Performance
About Siltronic
Siltronic AG is a Germany‐based manufacturer specializing in the production of hyperpure silicon wafers for the semiconductor industry. These wafers serve as the foundational substrate for a wide array of electronic devices, including integrated circuits, discrete power components and sensor technologies. Headquartered in Munich, Siltronic’s wafers are a critical input used by chipmakers worldwide to fabricate advanced microelectronic components for consumer electronics, automotive systems and industrial applications.
The origins of Siltronic trace back to its establishment as a spin-off from Siemens’ semiconductor materials division in 2001.
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