Warburg Research Reiterates €15.30 Price Target for Infineon Technologies AG (IFXA)
Infineon Technologies AG (ETR:IFXA) received a €15.30 ($16.45) price target from analysts at Warburg Research in a note issued to investors on Wednesday. The brokerage currently has a “neutral” rating on the stock.
IFXA has been the topic of several other reports. Commerzbank AG set a €18.50 ($19.89) price objective on 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) target price on Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Friday, November 18th. Berenberg Bank set a €15.00 ($16.13) target price on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Monday, September 19th. Bankhaus Lampe set a €13.00 ($13.98) target price on Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Tuesday, August 2nd. Finally, JPMorgan Chase & Co. set a €13.80 ($14.84) target price on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Friday, July 29th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of €15.03 ($16.16).
Infineon Technologies AG (ETR:IFXA) opened at 16.60 on Wednesday. The firm has a 50-day moving average of €15.81 and a 200 day moving average of €14.32. The firm has a market capitalization of €18.69 billion and a PE ratio of 21.96. Infineon Technologies AG has a 52 week low of €10.23 and a 52 week high of €16.60.
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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