Baader Bank Reiterates €16.50 Price Target for Infineon Technologies AG (IFXA)
Infineon Technologies AG (ETR:IFXA) has been assigned a €16.50 ($18.33) target price by equities research analysts at Baader Bank in a research note issued on Monday. The firm currently has a a “buy” rating on the stock.
Other equities analysts also recently issued reports about the stock. Bankhaus Lampe set a €13.00 ($14.44) price target on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Friday, July 15th. BNP Paribas set a €13.40 ($14.89) price target on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Monday, July 18th. Sanford C. Bernstein set a €17.00 ($18.89) price target on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research note on Wednesday, June 22nd. Goldman Sachs Group Inc. set a €12.20 ($13.56) price target on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Friday, July 15th. Finally, Deutsche Bank AG set a €14.50 ($16.11) target price on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Wednesday, July 13th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of €14.67 ($16.30).
Infineon Technologies AG (ETR:IFXA) traded down 1.228% during midday trading on Monday, hitting €15.921. 100 shares of the company were exchanged. The stock has a market capitalization of €17.93 billion and a price-to-earnings ratio of 21.060. The stock has a 50 day moving average of €15.07 and a 200-day moving average of €13.52. Infineon Technologies AG has a 1-year low of €10.21 and a 1-year high of €16.15.
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Infineon Technologies AG Company Profile
Infineon Technologies AG is a Germany-based company developing semiconductors and system solutions for automotive and industrial electronics, and chip card, as well as security applications. It diversifies its operations into four main divisions: Automotive; Industrial Power Control; Chip card & Security, and Power Management and Multimarket.
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