Infineon Technologies AG (IFXA) PT Set at €16.50 by Baader Bank
Infineon Technologies AG (ETR:IFXA) received a €16.50 ($18.33) price target from equities research analysts at Baader Bank in a report released on Wednesday. The brokerage currently has a a “buy” rating on the stock.
Several other equities research analysts have also recently weighed in on the stock. BNP Paribas set a €13.40 ($14.89) price objective on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Monday. S&P Global Inc. set a €16.00 ($17.78) target price on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a report on Thursday, September 29th. Commerzbank AG set a €18.50 ($20.56) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Wednesday, September 28th. Bankhaus Lampe set a €18.00 ($20.00) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Tuesday, September 27th. Finally, JPMorgan Chase & Co. set a €18.00 ($20.00) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Friday, September 23rd. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of €14.67 ($16.30).
Infineon Technologies AG (ETR:IFXA) traded down 2.916% during trading on Wednesday, hitting €15.581. 8 shares of the stock were exchanged. The firm has a 50-day moving average of €15.12 and a 200-day moving average of €13.60. The stock has a market capitalization of €17.55 billion and a price-to-earnings ratio of 20.610. Infineon Technologies AG has a 52 week low of €10.21 and a 52 week 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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