Infineon Technologies AG (IFXA) Given a €23.00 Price Target at Commerzbank Ag
Infineon Technologies AG (ETR:IFXA) received a €23.00 ($27.06) price target from research analysts at Commerzbank Ag in a research report issued on Monday. The firm currently has a “buy” rating on the technology company’s stock.
Other equities research analysts have also recently issued reports about the company. Kepler Capital Markets set a €21.50 ($25.29) price target on Infineon Technologies AG and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. DZ Bank AG reaffirmed a “neutral” rating on shares of Infineon Technologies AG in a research note on Thursday. Deutsche Bank AG reaffirmed a “buy” rating on shares of Infineon Technologies AG in a research note on Friday, June 30th. Independent Research GmbH set a €19.50 ($22.94) price target on Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Tuesday, August 1st. Finally, Barclays PLC set a €17.20 ($20.24) price target on Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Wednesday, August 2nd. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of €19.90 ($23.41).
Infineon Technologies AG (ETR IFXA) opened at 22.635 on Monday. The company has a market capitalization of €25.55 billion and a PE ratio of 30.712. The company has a 50 day moving average price of €20.91 and a 200-day moving average price of €19.48. Infineon Technologies AG has a one year low of €14.86 and a one year high of €22.67.
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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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