Infineon Technologies AG (IFXA) Given a €22.50 Price Target at Deutsche Bank AG
Infineon Technologies AG (ETR:IFXA) has been given a €22.50 ($25.20) price objective by analysts at Deutsche Bank AG in a research report issued to clients and investors on Monday. The brokerage presently has a “buy” rating on the technology company’s stock.
IFXA has been the topic of several other research reports. Barclays PLC set a €15.75 ($17.64) target price on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Thursday, February 16th. Goldman Sachs Group, Inc. (The) set a €19.00 ($21.28) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a report on Wednesday, March 1st. Independent Research GmbH set a €18.00 ($20.16) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a report on Monday, February 20th. Baader Bank set a €20.00 ($22.40) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a report on Thursday, April 27th. Finally, BNP Paribas set a €18.50 ($20.72) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a report on Thursday, March 2nd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fifteen have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of €18.78 ($21.04).
Infineon Technologies AG (IFXA) traded down 4.49% on Monday, reaching €19.45. 100 shares of the company’s stock traded hands. The stock has a market cap of €21.96 billion and a price-to-earnings ratio of 28.86. Infineon Technologies AG has a 12-month low of €12.00 and a 12-month high of €20.47. The stock has a 50 day moving average price of €19.21 and a 200 day moving average price of €17.56.
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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