Infineon Technologies AG (IFXA) Given a €13.00 Price Target at Oddo Securities
Oddo Securities set a €13.00 ($14.44) target price on Infineon Technologies AG (ETR:IFXA) in a research report report published on Thursday morning. The brokerage currently has a a sell rating on the stock.
IFXA has been the topic of several other reports. Sanford C. Bernstein set a €17.00 ($18.89) target price on Infineon Technologies AG and gave the stock 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 company a buy rating in a report on Monday, September 19th. JPMorgan Chase & Co. set a €13.80 ($15.33) price objective on Infineon Technologies AG and gave the company a buy rating in a report on Friday, July 29th. Bankhaus Lampe set a €13.00 ($14.44) price objective on Infineon Technologies AG and gave the company a neutral rating in a report on Tuesday, August 2nd. Finally, Morgan Stanley set a €9.00 ($10.00) price objective on Infineon Technologies AG and gave the company a sell rating in a report on Wednesday, August 10th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the company’s stock. Infineon Technologies AG currently has a consensus rating of Hold and a consensus price target of €14.71 ($16.35).
Infineon Technologies AG (ETR:IFXA) opened at 15.846 on Thursday. The company has a market cap of €17.84 billion and a P/E ratio of 20.960. The stock’s 50 day moving average price is €15.13 and its 200 day moving average price is €13.64. Infineon Technologies AG has a 52-week low of €10.23 and a 52-week high of €16.15.
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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