Barclays PLC Analysts Give Infineon Technologies AG (IFXA) a €13.50 Price Target
Infineon Technologies AG (ETR:IFXA) has been given a €13.50 ($15.00) target price by research analysts at Barclays PLC in a research report issued to clients and investors on Monday. The firm currently has a a “neutral” rating on the stock.
A number of other equities research analysts also recently weighed in on the stock. Sanford C. Bernstein set a €17.00 ($18.89) price target on shares of Infineon Technologies AG and gave the company a “buy” rating in a report on Tuesday, July 5th. Morgan Stanley set a €9.00 ($10.00) price target on shares of Infineon Technologies AG and gave the company a “sell” rating in a report on Wednesday, August 10th. Commerzbank AG set a €16.50 ($18.33) price target on shares of Infineon Technologies AG and gave the company a “buy” rating in a report on Friday, July 15th. Berenberg Bank set a €15.00 ($16.67) price target on shares of Infineon Technologies AG and gave the company a “buy” rating in a report on Thursday, July 14th. Finally, Baader Bank set a €16.50 ($18.33) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Monday, October 3rd. 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. The stock has an average rating of “Hold” and an average price target of €14.71 ($16.35).
Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.701 on Monday. Infineon Technologies AG has a one year low of €10.23 and a one year high of €16.15. The stock’s 50 day moving average is €15.15 and its 200-day moving average is €13.65. The stock has a market capitalization of €17.68 billion and a P/E ratio of 20.769.
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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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