Infineon Technologies AG (IFXA) Given a €18.50 Price Target by Commerzbank AG Analysts
Infineon Technologies AG (ETR:IFXA) has been assigned a €18.50 ($20.33) target price by equities research analysts at Commerzbank AG in a report issued on Wednesday. The brokerage presently has a a “buy” rating on the stock.
A number of other equities analysts have also recently weighed in on IFXA. Kepler Capital Markets set a €12.50 ($13.74) price target on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Tuesday, June 21st. Sanford C. Bernstein set a €17.00 ($18.68) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research report on Wednesday, June 22nd. Deutsche Bank AG set a €14.50 ($15.93) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research report on Thursday, June 23rd. Independent Research GmbH set a €15.70 ($17.25) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research report on Thursday, June 23rd. Finally, BNP Paribas set a €13.10 ($14.40) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research report on Monday, June 27th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of €14.91 ($16.39).
Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.849 on Wednesday. The company has a market capitalization of €17.85 billion and a PE ratio of 20.964. Infineon Technologies AG has a 12-month low of €10.23 and a 12-month high of €16.15. The firm’s 50-day moving average is €15.19 and its 200-day moving average is €13.72.
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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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