Shares of Soitec SA (OTCMKTS:SLOIY – Get Free Report) have been given a consensus recommendation of “Reduce” by the six analysts that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company.
SLOIY has been the topic of several recent research reports. Jefferies Financial Group cut Soitec from a “hold” rating to an “underperform” rating in a research report on Wednesday, June 10th. Citigroup restated a “sell” rating on shares of Soitec in a research note on Thursday, August 13th. UBS Group downgraded Soitec from a “neutral” rating to a “sell” rating in a research report on Monday, June 15th. Morgan Stanley reiterated an “overweight” rating on shares of Soitec in a research note on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Soitec in a report on Friday, May 15th.
Read Our Latest Stock Report on SLOIY
Soitec Price Performance
About Soitec
Soitec is a France-based technology company specializing in the design and manufacture of advanced semiconductor materials. The company pioneered Smart Cut™ technology, which enables the production of Silicon-On-Insulator (SOI) wafers and other engineered substrates with superior electrical and thermal properties. Founded in 1992 as a spin-off from the French Atomic Energy Commission (CEA), Soitec has grown into a leading supplier of high-performance materials for the global electronics industry.
Soitec’s product portfolio includes RF-SOI substrates for 5G and mobile communications, Power-SOI for energy-efficient power management, and FD-SOI for ultra-low-power applications in IoT and automotive markets.
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