Sitronic rises after Jefferies ups to 'buy'

Siltronic AG

20/10/2025 08:30

** Shares in Siltronic WAFGn.DE are up 7.1% after Jefferies rises German semiconductor materials supplier to "buy" from "hold", citing a potential upgrade cycle in H2 2026

** The broker maintains a cautiously optimistic outlook on volume recovery, although elevated wafer inventories are expected to remain for the foreseeable future

** "In the absence of fresh negatives, sentiment should continue to improve," Jefferies says

** Recent inventory dynamics and sustained growth across key end markets bolster broker's confidence that Q3 could mark a cyclical low

** The stock tops Germany small-cap index .SDAXI

 (Reporting by Amir Orusov)

 ((Amir.orusov@thomsonreuters.com))