Infineon Technologies AG (IFXA) Given a €13.00 Price Target at Oddo Securities
Infineon Technologies AG (ETR:IFXA) has been given a €13.00 ($14.44) target price by stock analysts at Oddo Securities in a note issued to investors on Thursday. The brokerage currently has a a “sell” rating on the stock.
A number of other research analysts have also commented on IFXA. Kepler Capital Markets set a €12.50 ($13.89) price target on Infineon Technologies AG and gave the company a “neutral” rating in a report on Tuesday, June 21st. Hauck & Aufhaeuser set a €12.40 ($13.78) price target on Infineon Technologies AG and gave the company a “neutral” rating in a report on Friday, July 15th. Credit Suisse Group AG set a €14.00 ($15.56) price target on Infineon Technologies AG and gave the company a “buy” rating in a report on Tuesday, July 12th. Sanford C. Bernstein set a €17.00 ($18.89) price target on Infineon Technologies AG and gave the company a “buy” rating in a report on Tuesday, July 12th. Finally, BNP Paribas set a €13.40 ($14.89) price target on Infineon Technologies AG and gave the company a “neutral” rating in a report on Monday, August 22nd. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the company’s stock. Infineon Technologies AG presently has an average rating of “Hold” and an average target price of €14.67 ($16.30).
Infineon Technologies AG (ETR:IFXA) traded down 1.187% on Thursday, reaching €15.396. 8 shares of the company’s stock were exchanged. Infineon Technologies AG has a 1-year low of €10.23 and a 1-year high of €16.15. The firm’s 50 day moving average is €15.13 and its 200 day moving average is €13.64. The stock has a market capitalization of €17.34 billion and a P/E ratio of 20.365.
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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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