Infineon Technologies AG (ETR:IFXA) Given a €17.20 Price Target at Barclays PLC
Infineon Technologies AG (ETR:IFXA) has been given a €17.20 ($20.24) price objective by equities researchers at Barclays PLC in a report released on Friday, July 7th. The brokerage currently has a “neutral” rating on the technology company’s stock.
Other equities research analysts have also issued research reports about the stock. Deutsche Bank AG set a €22.50 ($26.47) price target on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Thursday, April 6th. Baader Bank set a €20.00 ($23.53) price target on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Thursday, April 27th. Kepler Capital Markets set a €21.50 ($25.29) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Monday, March 27th. Berenberg Bank set a €20.00 ($23.53) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Friday, May 5th. Finally, Credit Suisse Group reiterated a “buy” rating on shares of Infineon Technologies AG in a research note on Tuesday, April 18th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of €19.10 ($22.47).
Shares of Infineon Technologies AG (IFXA) traded up 2.768% during trading on Friday, hitting €19.012. The stock had a trading volume of 1,500 shares. The firm has a market cap of €21.46 billion and a price-to-earnings ratio of 25.796. Infineon Technologies AG has a 52-week low of €13.59 and a 52-week high of €20.47. The firm’s 50-day moving average is €19.00 and its 200 day moving average is €18.30.
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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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