Infineon Technologies AG (IFXA) Given a €13.00 Price Target by Oddo Securities Analysts
Infineon Technologies AG (ETR:IFXA) has been assigned a €13.00 ($13.98) target price by equities researchers at Oddo Securities in a research report issued on Friday. The brokerage presently has a “sell” rating on the stock.
IFXA has been the subject of a number of other research reports. Commerzbank AG set a €18.50 ($19.89) price target on Infineon Technologies AG and gave the stock a “buy” rating in a research note on Tuesday, October 25th. Berenberg Bank set a €15.00 ($16.13) price objective on Infineon Technologies AG and gave the company a “buy” rating in a research report on Monday, September 19th. Baader Bank set a €16.50 ($17.74) price objective on Infineon Technologies AG and gave the company a “buy” rating in a research report on Monday, October 3rd. BNP Paribas set a €13.40 ($14.41) price objective on Infineon Technologies AG and gave the company a “neutral” rating in a research report on Monday, August 22nd. Finally, Deutsche Bank AG set a €16.60 ($17.85) price objective on Infineon Technologies AG and gave the company a “buy” rating in a research report on Friday, October 14th. Two 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. The company has a consensus rating of “Hold” and an average target price of €15.03 ($16.16).
Infineon Technologies AG (ETR:IFXA) opened at 16.057 on Friday. Infineon Technologies AG has a 52-week low of €10.23 and a 52-week high of €16.37. The firm’s 50-day moving average price is €15.79 and its 200-day moving average price is €14.29. The company has a market cap of €18.08 billion and a price-to-earnings ratio of 21.239.
About Infineon Technologies AG
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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