Siltronic AG (OTCMKTS:SSLLF) Given Consensus Rating of “Moderate Buy” by Brokerages

Siltronic AG (OTCMKTS:SSLLF) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

SSLLF has been the topic of a number of research reports. UBS Group upgraded shares of Siltronic from a “hold” rating to a “buy” rating in a report on Monday, August 3rd. BNP Paribas Exane raised shares of Siltronic to an “outperform” rating in a research report on Thursday, July 9th. DZ Bank raised shares of 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 report on Thursday, July 30th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Siltronic in a research note on Monday, June 1st.

Siltronic Price Performance

Shares of SSLLF stock opened at $97.29 on Wednesday. The business’s fifty day moving average is $97.21 and its 200 day moving average is $85.85. Siltronic has a twelve month low of $49.09 and a twelve month high of $122.95.

Siltronic Company Profile

Siltronic AG is a Germany‐based manufacturer specializing in the production of hyperpure silicon wafers for the semiconductor industry. These wafers serve as the foundational substrate for a wide array of electronic devices, including integrated circuits, discrete power components and sensor technologies. Headquartered in Munich, Siltronic’s wafers are a critical input used by chipmakers worldwide to fabricate advanced microelectronic components for consumer electronics, automotive systems and industrial applications.

The origins of Siltronic trace back to its establishment as a spin-off from Siemens’ semiconductor materials division in 2001.