Infineon Technologies AG (IFXA) Given Neutral Rating at DZ Bank AG
Infineon Technologies AG (ETR:IFXA)‘s stock had its “neutral” rating reiterated by research analysts at DZ Bank AG in a research note issued on Thursday.
IFXA has been the subject of several other reports. Morgan Stanley set a €9.50 ($11.18) target price on Infineon Technologies AG and gave the stock a “sell” rating in a research report on Monday, July 17th. BNP Paribas reiterated a “sell” rating on shares of Infineon Technologies AG in a research report on Friday, July 21st. Kepler Capital Markets set a €21.50 ($25.29) target price on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Friday, June 30th. Commerzbank Ag set a €23.00 ($27.06) target price on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Tuesday, August 1st. Finally, Baader Bank set a €21.50 ($25.29) target price on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of €19.90 ($23.41).
Shares of Infineon Technologies AG (ETR:IFXA) traded down 0.881% on Thursday, reaching €22.061. 480 shares of the company’s stock traded hands. The firm has a market cap of €24.91 billion and a P/E ratio of 29.934. Infineon Technologies AG has a 12-month low of €14.86 and a 12-month high of €22.67. The stock has a 50-day moving average of €20.73 and a 200 day moving average of €19.44.
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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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