Infineon Technologies AG (IFXA) PT Set at €13.00 by Oddo Securities
Infineon Technologies AG (ETR:IFXA) has been assigned a €13.00 ($14.44) target price by analysts at Oddo Securities in a research note issued on Thursday. The firm presently has a a “sell” rating on the stock.
A number of other equities research analysts have also issued reports on the stock. Bankhaus Lampe set a €18.00 ($20.00) target price on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Wednesday. 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 research note on Wednesday. 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 note on Monday. S&P Global Inc. set a €16.00 ($17.78) price objective on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Thursday, September 29th. Finally, 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 research note on Wednesday, September 28th. Two equities 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. Infineon Technologies AG has a consensus rating of “Hold” and a consensus price target of €14.67 ($16.30).
Shares of Infineon Technologies AG (ETR:IFXA) traded down 1.187% during midday trading on Thursday, hitting €15.396. The stock had a trading volume of 8 shares. Infineon Technologies AG has a one year low of €10.23 and a one year high of €16.15. The company has a market cap of €17.34 billion and a P/E ratio of 20.365. The firm has a 50 day moving average of €15.12 and a 200-day moving average of €13.61.
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About Infineon Technologies AG
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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