Siltronic AG (SSLLF) – What Are Brokerages Saying About This Stock?

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

Several brokerages have commented on SSLLF. UBS Group upgraded shares of Siltronic from a “hold” rating to a “buy” rating in a research note on Monday, August 3rd. Jefferies Financial Group restated a “buy” rating on shares of Siltronic in a research report on Wednesday, October 7th. Finally, DZ Bank raised Siltronic from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th.

Siltronic Price Performance

SSLLF opened at $56.65 on Monday. The company has a fifty day moving average of $81.79 and a 200 day moving average of $83.64. Siltronic has a fifty-two week low of $53.70 and a fifty-two week high of $122.95.

About Siltronic

Siltronic AG is a Germany-based manufacturer of hyperpure silicon wafers used in the production of semiconductor devices. The company supplies wafer products primarily to integrated device manufacturers and semiconductor foundries, which use them as substrates for fabricating microchips.

Its product portfolio includes polished silicon wafers, epitaxial wafers and other specialty wafer solutions in various diameters, including 200-millimeter and 300-millimeter formats. These products support applications across computing, communications, automotive electronics, industrial equipment and consumer devices.

Siltronic traces its origins to semiconductor-wafer activities established by Wacker Chemie and became an independently listed company in 2015.