Infineon Technologies AG (ETR:IFXA) Given Average Rating of “Hold” by Analysts
Infineon Technologies AG (ETR:IFXA) has been given an average rating of “Hold” by the twenty-two analysts that are presently covering the firm. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is €14.67 ($16.30).
A number of research analysts recently issued reports on IFXA shares. Kepler Capital Markets set a €12.50 ($13.89) target price on Infineon Technologies AG and gave the stock a “neutral” rating in a report on Tuesday, June 21st. Sanford C. Bernstein set a €17.00 ($18.89) price target on Infineon Technologies AG and gave the company a “buy” rating in a research report on Wednesday, June 22nd. Deutsche Bank AG set a €14.50 ($16.11) price target on Infineon Technologies AG and gave the company a “buy” rating in a research report on Thursday, June 23rd. Independent Research GmbH set a €15.70 ($17.44) price target on Infineon Technologies AG and gave the company a “buy” rating in a research report on Thursday, June 23rd. Finally, BNP Paribas set a €13.10 ($14.56) price target on Infineon Technologies AG and gave the company a “neutral” rating in a research report on Monday, June 27th.
Infineon Technologies AG (ETR:IFXA) traded up 2.241% during mid-day trading on Thursday, reaching €16.154. 65 shares of the company were exchanged. The stock’s 50-day moving average is €15.02 and its 200-day moving average is €13.49. Infineon Technologies AG has a 12 month low of €10.21 and a 12 month high of €16.15. The company has a market cap of €18.19 billion and a P/E ratio of 21.368.
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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