Siltronic AG (OTCMKTS:SSLLF) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Siltronic AG (OTCMKTS:SSLLF – Get Rating) have been given a consensus recommendation of “Hold” by the seven research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $85.00.

A number of research analysts have issued reports on the company. Berenberg Bank lowered Siltronic from a “buy” rating to a “hold” rating in a research report on Monday, February 13th. Jefferies Financial Group cut Siltronic from a “buy” rating to a “hold” rating in a research report on Wednesday, March 22nd.

Siltronic Price Performance

OTCMKTS SSLLF opened at $69.53 on Tuesday. The company’s fifty day simple moving average is $72.58 and its 200-day simple moving average is $77.72. Siltronic has a 52 week low of $54.77 and a 52 week high of $99.99.

Siltronic Company Profile

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Siltronic AG engages in the manufacture of semiconductor silicon wafers made from hyperpure silicon. Its products include polished wafers, epitaxial wafers, and special wafers. The company was founded in 1953 and is headquartered in Munchen, Germany.