Barclays PLC Analysts Give Infineon Technologies AG (IFXA) a €13.50 Price Target
Infineon Technologies AG (ETR:IFXA) has been assigned a €13.50 ($15.00) price objective by stock analysts at Barclays PLC in a note issued to investors on Monday. The brokerage currently has a a “neutral” rating on the stock.
Several other brokerages have also issued reports on IFXA. Goldman Sachs Group Inc. set a €12.20 ($13.56) target price on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Friday, July 15th. Berenberg Bank set a €15.00 ($16.67) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Thursday, July 14th. Deutsche Bank AG set a €14.50 ($16.11) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Wednesday, July 13th. Credit Suisse Group AG set a €14.00 ($15.56) price target on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research note on Tuesday, July 12th. Finally, 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 note on Tuesday, July 12th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the stock. Infineon Technologies AG has an average rating of “Hold” and an average target price of €14.71 ($16.35).
Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.701 on Monday. The firm has a market capitalization of €17.68 billion and a P/E ratio of 20.769. The stock has a 50 day moving average price of €15.15 and a 200 day moving average price of €13.65. Infineon Technologies AG has a 52 week low of €10.23 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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