Analysts Set Infineon Technologies AG (IFXA) Target Price at $18.61
Infineon Technologies AG (ETR:IFXA) has been assigned a consensus recommendation of “Buy” from the twenty-four ratings firms that are covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is €18.69 ($21.23).
Several research firms recently weighed in on IFXA. UBS AG set a €18.00 ($20.45) target price on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Monday, March 27th. Commerzbank Ag set a €22.00 ($25.00) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Monday, March 27th. Deutsche Bank AG reiterated a “buy” rating on shares of Infineon Technologies AG in a research report on Friday, June 30th. Baader Bank set a €20.00 ($22.73) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Monday, March 27th. Finally, Barclays PLC set a €17.20 ($19.55) price target on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a report on Tuesday, April 11th.
Shares of Infineon Technologies AG (ETR IFXA) traded up 0.194% during midday trading on Monday, hitting €19.155. 500 shares of the stock traded hands. The stock has a market capitalization of €21.63 billion and a P/E ratio of 28.420. The firm has a 50-day moving average price of €19.48 and a 200-day moving average price of €17.91. Infineon Technologies AG has a 52 week low of €12.01 and a 52 week high of €20.47.
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.
Receive News & Stock Ratings for Infineon Technologies AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies AG and related stocks with our FREE daily email newsletter.