Baader Bank Analysts Give Infineon Technologies AG (IFXA) a €16.50 Price Target
Infineon Technologies AG (ETR:IFXA) has been given a €16.50 ($18.33) target price by stock analysts at Baader Bank in a research note issued to investors on Monday. The brokerage currently has a a “buy” rating on the stock.
IFXA has been the topic of a number of other research reports. Sanford C. Bernstein set a €17.00 ($18.89) target price on Infineon Technologies AG and gave the company a “buy” rating in a report on Tuesday, July 5th. Berenberg Bank set a €15.00 ($16.67) price objective on Infineon Technologies AG and gave the stock a “buy” rating in a research note on Monday, September 19th. JPMorgan Chase & Co. set a €13.80 ($15.33) price objective on Infineon Technologies AG and gave the stock a “buy” rating in a research note on Friday, July 29th. Bankhaus Lampe set a €13.00 ($14.44) price objective on Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Tuesday, August 2nd. Finally, Oddo Securities set a €13.00 ($14.44) price objective on Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Friday, July 15th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of €14.67 ($16.30).
Infineon Technologies AG (ETR:IFXA) opened at 15.503 on Monday. Infineon Technologies AG has a 1-year low of €9.90 and a 1-year high of €15.72. The stock has a market cap of €17.46 billion and a P/E ratio of 20.507. The company’s 50-day moving average price is €14.98 and its 200-day moving average price is €13.39.
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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