Infineon Technologies AG (IFXA) Given a €20.00 Price Target by Berenberg Bank Analysts
A number of other equities research analysts have also recently issued reports on IFXA. BNP Paribas set a €13.40 ($14.11) price target on shares of Infineon Technologies AG and gave the company a neutral rating in a research note on Wednesday, July 27th. JPMorgan Chase & Co. set a €13.80 ($14.53) price objective on Infineon Technologies AG and gave the company a buy rating in a report on Friday, July 29th. Baader Bank set a €14.50 ($15.26) price objective on Infineon Technologies AG and gave the company a buy rating in a report on Tuesday, August 2nd. Hauck & Aufhaeuser set a €12.40 ($13.05) price objective on Infineon Technologies AG and gave the company a neutral rating in a report on Tuesday, August 2nd. Finally, Bankhaus Lampe set a €13.00 ($13.68) price objective on Infineon Technologies AG and gave the company a neutral rating in a report on Tuesday, August 2nd. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of €15.80 ($16.63).
Infineon Technologies AG (ETR:IFXA) opened at 16.00 on Thursday. Infineon Technologies AG has a 12-month low of €10.23 and a 12-month high of €17.08. The stock has a 50 day moving average of €15.85 and a 200-day moving average of €14.44. The company has a market capitalization of €18.02 billion and a PE ratio of 24.21.
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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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