Siltronic AG (OTCMKTS:SSLLF) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

Siltronic AG (OTCMKTS:SSLLF) has received a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company.

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

Siltronic Stock Performance

Shares of SSLLF opened at $80.53 on Thursday. The business has a 50-day simple moving average of $89.19 and a two-hundred day simple moving average of $92.09. Siltronic has a 52 week low of $53.70 and a 52 week high of $122.95.

Siltronic Company Profile

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.