Infineon Technologies AG (IFXA) PT Set at €17.50 by Credit Suisse Group AG
Infineon Technologies AG (ETR:IFXA) has been given a €17.50 ($18.82) price objective by equities research analysts at Credit Suisse Group AG in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock.
IFXA has been the topic of a number of other research reports. 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 report on Tuesday, October 18th. Morgan Stanley set a €9.00 ($9.68) price objective on shares of Infineon Technologies AG and gave the stock a “sell” rating in a report on Wednesday, November 23rd. BNP Paribas set a €13.40 ($14.41) price objective on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a report on Monday, August 22nd. Baader Bank set a €15.50 ($16.67) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Friday, September 9th. Finally, Oddo Securities set a €13.00 ($13.98) price objective on shares of Infineon Technologies AG and gave the stock a “sell” rating in a report on Monday, September 5th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of €15.76 ($16.95).
Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.727 on Thursday. The firm has a 50 day moving average of €15.87 and a 200 day moving average of €14.38. Infineon Technologies AG has a one year low of €10.23 and a one year high of €17.08. The stock has a market cap of €17.71 billion and a P/E ratio of 20.803.
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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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