Infineon Technologies AG (IFXA) PT Set at €9.50 by Morgan Stanley
Infineon Technologies AG (ETR:IFXA) has been assigned a €9.50 ($10.80) target price by Morgan Stanley in a note issued to investors on Monday. The firm currently has a “sell” rating on the technology company’s stock.
A number of other equities analysts also 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 report on Monday, March 27th. Goldman Sachs Group, Inc. (The) set a €22.00 ($25.00) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Tuesday, July 4th. Oddo Securities set a €17.50 ($19.89) target price on shares of Infineon Technologies AG and gave the stock a “sell” rating in a report on Friday, March 31st. Barclays PLC set a €17.20 ($19.55) target price on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a report on Friday, July 7th. Finally, Deutsche Bank AG restated a “buy” rating on shares of Infineon Technologies AG in a report on Friday, June 30th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of €18.97 ($21.56).
Infineon Technologies AG (IFXA) opened at 19.424 on Monday. Infineon Technologies AG has a 52 week low of €12.01 and a 52 week high of €20.47. The firm has a market cap of €21.93 billion and a price-to-earnings ratio of 28.819. The stock’s 50 day moving average is €19.48 and its 200 day moving average is €17.91.
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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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