Infineon Technologies AG (IFXA) Receives Consensus Rating of “Hold” from Brokerages
Infineon Technologies AG (ETR:IFXA) has been assigned a consensus rating of “Hold” from the twenty-four analysts that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is €19.48 ($22.91).
A number of research analysts have weighed in on the company. BNP Paribas reiterated a “sell” rating on shares of Infineon Technologies AG in a report on Friday, July 21st. Commerzbank Ag set a €23.00 ($27.06) target price on Infineon Technologies AG and gave the stock a “buy” rating in a report on Wednesday, July 19th. Morgan Stanley set a €9.50 ($11.18) target price on Infineon Technologies AG and gave the stock a “sell” rating in a report on Monday, July 17th. UBS AG reiterated a “neutral” rating on shares of Infineon Technologies AG in a report on Tuesday, July 11th. Finally, Barclays PLC set a €17.20 ($20.24) target price on Infineon Technologies AG and gave the stock a “neutral” rating in a report on Friday, July 7th.
Shares of Infineon Technologies AG (ETR:IFXA) opened at 21.368 on Wednesday. The firm has a 50-day moving average price of €20.24 and a 200-day moving average price of €19.31. The firm has a market cap of €24.12 billion and a PE ratio of 28.993. Infineon Technologies AG has a 52 week low of €14.86 and a 52 week high of €21.97.
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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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