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

Shares of Siltronic AG (OTCMKTS:SSLLF) have been given a consensus rating of “Moderate Buy” by the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company.

A number of research firms have commented on SSLLF. UBS Group upgraded Siltronic from a “hold” rating to a “buy” rating in a research report on Monday, August 3rd. DZ Bank upgraded Siltronic from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. BNP Paribas Exane raised Siltronic to an “outperform” rating in a research note on Thursday, July 9th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Siltronic in a report on Wednesday, October 7th.

Siltronic Stock Performance

OTCMKTS SSLLF opened at $77.20 on Thursday. Siltronic has a twelve month low of $53.70 and a twelve month high of $122.95. The stock has a fifty day simple moving average of $87.93 and a 200 day simple moving average of $92.66.

About Siltronic

Siltronic AG is a Germany-based manufacturer of silicon wafers used in the production of semiconductor devices. The company supplies wafers to chip manufacturers, which use them as the foundational material for integrated circuits in applications such as automotive electronics, communications, computing, consumer products and industrial systems.

Its product portfolio includes polished silicon wafers, epitaxial wafers and other specialty wafer products, with substrates available in different diameters and specifications.