Infineon Technologies AG (IFXA) Given a €16.50 Price Target at Baader Bank
Infineon Technologies AG (ETR:IFXA) received a €16.50 ($17.74) target price from stock analysts at Baader Bank in a research note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock.
IFXA has been the subject of several other research reports. Commerzbank AG set a €18.50 ($19.89) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research note on Tuesday, October 25th. Goldman Sachs Group Inc. set a €16.60 ($17.85) price objective on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Friday, November 18th. Berenberg Bank set a €15.00 ($16.13) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research note on Monday, September 19th. Bankhaus Lampe set a €13.00 ($13.98) price target on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research note on Tuesday, August 2nd. Finally, JPMorgan Chase & Co. set a €13.80 ($14.84) price target on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Friday, July 29th. 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 company’s stock. The stock has an average rating of “Hold” and an average target price of €15.03 ($16.16).
Infineon Technologies AG (ETR:IFXA) opened at 15.806 on Wednesday. Infineon Technologies AG has a 52-week low of €10.23 and a 52-week high of €16.37. The company has a market capitalization of €17.80 billion and a P/E ratio of 20.907. The firm has a 50-day moving average of €15.81 and a 200 day moving average of €14.32.
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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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