(CercleFinance.com) – Stifel initiates coverage of Soitec with a ‘buy’ recommendation and a target price of 205 euros, implying an upside potential of around 30% for the stock of the French specialist in semiconductor materials .
‘Soitec benefits from a unique position as the sole holder of an internally developed technology (SmartCut), the only economically feasible one for the mass production of SOI wafers, its competitors having to pay for a license to use it’, underlines -he.
The broker adds that Soitec is benefiting in its view from ‘strong secular tailwinds and industry trends towards 5G communications, vehicle electrification and empowerment, and edge computing’.
Copyright © 2022 CercleFinance.com. All rights reserved.
The information and analyzes disseminated by Cercle Finance only constitute a decision-making aid for investors. The responsibility of Cercle Finance cannot be held directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional adviser before any investment. This indicative information does not in any way constitute an incitement to sell or a solicitation to buy.
Did you like this article ? Share it with your friends with the buttons below.
