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

Siltronic AG (OTCMKTS:SSLLF) has earned an average rating of “Moderate Buy” from the seven analysts that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company.

Several research analysts have commented on SSLLF shares. DZ Bank raised Siltronic from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. BNP Paribas Exane upgraded shares of Siltronic to an “outperform” rating in a research note on Thursday, July 9th. Citigroup reaffirmed a “neutral” rating on shares of Siltronic in a research report on Monday, June 1st. UBS Group upgraded shares of Siltronic from a “hold” rating to a “buy” rating in a research note on Monday, August 3rd. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Siltronic in a report on Thursday, July 30th.

Siltronic Stock Performance

Shares of OTCMKTS:SSLLF opened at $90.10 on Friday. The business has a 50 day moving average price of $90.66 and a 200 day moving average price of $89.97. Siltronic has a twelve month low of $51.38 and a twelve month high of $122.95.

Siltronic Company Profile

Siltronic AG is a Germany-based manufacturer of high-purity silicon wafers used in the production of semiconductor devices. The company supplies polished silicon wafers, epitaxial wafers and other wafer products in several diameters, including 150-, 200- and 300-millimeter formats.

Its products serve semiconductor manufacturers whose chips are used in automotive electronics, communications equipment, computers, industrial systems and consumer devices. Siltronic’s manufacturing and research operations are located in Germany, Singapore and the United States, supported by sales and service activities in major semiconductor markets around the world.

The company traces its origins to the semiconductor activities of Wacker Chemie and operates as an independent, publicly traded business.