Infineon Technologies AG (ETR:IFXA)‘s stock had its “sell” rating reiterated by equities researchers at BNP Paribas in a research note issued on Friday.

IFXA has been the topic of a number of other reports. Morgan Stanley set a €9.50 ($10.92) price objective on shares of Infineon Technologies AG and gave the company a “sell” rating in a research note on Monday, July 17th. Deutsche Bank AG set a €22.50 ($25.86) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Thursday, April 6th. Baader Bank set a €20.00 ($22.99) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Thursday, April 27th. Kepler Capital Markets set a €21.50 ($24.71) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Monday, March 27th. Finally, Berenberg Bank set a €20.00 ($22.99) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Friday, May 5th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of €18.97 ($21.81).

Shares of Infineon Technologies AG (ETR:IFXA) traded down 3.781% during midday trading on Friday, reaching €18.576. 650 shares of the company’s stock traded hands. The stock has a 50 day moving average of €19.32 and a 200-day moving average of €18.17. Infineon Technologies AG has a 12 month low of €13.59 and a 12 month high of €20.47. The stock has a market cap of €20.98 billion and a P/E ratio of 27.561.

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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.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

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