Equities Analysts Offer Predictions for Siltronic AG’s FY2023 Earnings (OTCMKTS:SSLLF)

Siltronic AG (OTCMKTS:SSLLFGet Rating) – Jefferies Financial Group reduced their FY2023 earnings per share (EPS) estimates for Siltronic in a report released on Wednesday, April 27th. Jefferies Financial Group analyst C. Hesse now anticipates that the company will post earnings of $12.74 per share for the year, down from their previous forecast of $12.84. Jefferies Financial Group currently has a “Buy” rating on the stock. Jefferies Financial Group also issued estimates for Siltronic’s FY2024 earnings at $14.04 EPS.

A number of other research analysts also recently commented on SSLLF. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Siltronic from €145.00 ($155.91) to €110.00 ($118.28) and set a “hold” rating for the company in a research note on Thursday, March 10th. UBS Group dropped their price objective on shares of Siltronic from €120.00 ($129.03) to €96.00 ($103.23) in a research note on Friday, March 11th. Oddo Bhf raised shares of Siltronic from a “neutral” rating to an “outperform” rating in a research note on Tuesday, January 18th. Finally, Berenberg Bank decreased their target price on Siltronic from €135.00 ($145.16) to €115.00 ($123.66) and set a “buy” rating for the company in a report on Friday, March 18th.

OTCMKTS SSLLF opened at $95.73 on Friday. Siltronic has a 12 month low of $91.44 and a 12 month high of $162.80. The company has a 50-day moving average of $105.83 and a 200-day moving average of $135.02.

Siltronic (OTCMKTS:SSLLFGet Rating) last posted its quarterly earnings data on Wednesday, March 9th. The company reported $3.19 EPS for the quarter. The company had revenue of $430.71 million for the quarter.

About Siltronic (Get Rating)

Siltronic AG, together with its subsidiaries, manufactures and sells hyperpure semiconductor silicon wafers with diameters of up to 300 mm worldwide. It offers polished and epitaxial wafers. The company also provides special products, such as Ultimate Silicon, an optimal crystal for polished wafers; PowerFZ, a wafer product based on the float zone method; and HIREF, a high reflective non-polished wafer product.

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