Kepler Capital Markets Analysts Give Infineon Technologies AG (IFXA) a €22.50 Price Target
Infineon Technologies AG (ETR:IFXA) has been assigned a €22.50 ($26.79) price target by stock analysts at Kepler Capital Markets in a report released on Monday. The brokerage presently has a “buy” rating on the technology company’s stock.
Several other research firms have also weighed in on IFXA. Morgan Stanley set a €9.50 ($11.31) target price on Infineon Technologies AG and gave the company a “sell” rating in a research note on Monday, July 17th. BNP Paribas restated a “sell” rating on shares of Infineon Technologies AG in a report on Friday, July 21st. Commerzbank Ag set a €23.00 ($27.38) price target on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Tuesday, August 1st. Baader Bank set a €20.00 ($23.81) price target on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Friday, June 30th. Finally, Citigroup Inc. set a €21.25 ($25.30) price target on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Friday, September 8th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of €19.37 ($23.06).
Infineon Technologies AG (IFXA) traded up 1.833% during mid-day trading on Monday, hitting €21.497. The stock had a trading volume of 300 shares. Infineon Technologies AG has a 1-year low of €14.86 and a 1-year high of €21.50. The company has a 50-day moving average price of €19.34 and a 200 day moving average price of €18.91. The company has a market cap of €24.27 billion and a P/E ratio of 29.168.
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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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