Infineon Technologies AG (IFXA) Given a €13.40 Price Target at BNP Paribas
Infineon Technologies AG (ETR:IFXA) has been given a €13.40 ($14.89) target price by investment analysts at BNP Paribas in a report issued on Monday. The firm currently has a a “neutral” rating on the stock.
IFXA has been the subject of a number of other reports. Oddo Securities set a €13.00 ($14.44) price objective on shares of Infineon Technologies AG and gave the stock a “sell” rating in a report on Monday, September 5th. Commerzbank AG set a €18.50 ($20.56) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Wednesday, September 28th. Berenberg Bank set a €15.00 ($16.67) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Monday, September 19th. Baader Bank set a €16.50 ($18.33) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Monday, October 3rd. Finally, HSBC set a €15.50 ($17.22) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Friday, July 22nd. 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 currently has a consensus rating of “Hold” and a consensus price target of €14.67 ($16.30).
Shares of Infineon Technologies AG (ETR:IFXA) opened at 16.091 on Monday. Infineon Technologies AG has a one year low of €10.21 and a one year high of €16.15. The firm’s 50-day moving average price is €15.07 and its 200-day moving average price is €13.52. The firm has a market capitalization of €18.12 billion and a P/E ratio of 21.284.
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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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