Infineon Technologies AG (IFXA) Given a €16.50 Price Target by Baader Bank Analysts
Infineon Technologies AG (ETR:IFXA) has been assigned a €16.50 ($18.33) target price by Baader Bank in a research report issued to clients and investors on Wednesday. The brokerage presently has a a “buy” rating on the stock.
A number of other equities analysts also recently commented on IFXA. Kepler Capital Markets set a €12.50 ($13.89) target price on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Tuesday, June 21st. 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 report on Wednesday, June 22nd. Deutsche Bank AG set a €14.50 ($16.11) price target on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Thursday, June 23rd. Independent Research GmbH set a €15.70 ($17.44) price target on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Thursday, June 23rd. Finally, BNP Paribas set a €13.10 ($14.56) price target on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Monday, June 27th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have issued a buy rating to the company. Infineon Technologies AG presently has a consensus rating of “Hold” and an average price target of €14.67 ($16.30).
Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.581 on Wednesday. The company has a market capitalization of €17.55 billion and a PE ratio of 20.610. Infineon Technologies AG has a 52 week low of €10.21 and a 52 week high of €16.15. The company’s 50 day moving average is €15.12 and its 200-day moving average is €13.60.
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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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