Infineon Technologies AG (IFXA) Given a €9.00 Price Target by Morgan Stanley Analysts
Infineon Technologies AG (ETR:IFXA) has been assigned a €9.00 ($9.68) target price by Morgan Stanley in a note issued to investors on Thursday. The brokerage presently has a a “sell” rating on the stock.
IFXA has been the subject of several other reports. Commerzbank AG set a €18.50 ($19.89) target price on Infineon Technologies AG and gave the company a “buy” rating in a report on Wednesday, October 19th. Baader Bank set a €16.50 ($17.74) price target on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Monday, October 3rd. Berenberg Bank set a €15.00 ($16.13) price target on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Tuesday. Bankhaus Lampe set a €18.00 ($19.35) target price on shares of Infineon Technologies AG and gave the company a “buy” rating in a report on Wednesday, August 31st. Finally, S&P Global Inc. set a €16.00 ($17.20) price target on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research report on Thursday, September 29th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of €15.03 ($16.16).
Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.50 on Thursday. The company’s 50-day moving average price is €15.72 and its 200-day moving average price is €14.19. The company has a market cap of €17.46 billion and a price-to-earnings ratio of 20.50. Infineon Technologies AG has a 12 month low of €10.23 and a 12 month high of €16.37.
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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