Infineon Technologies AG (IFXA) Given a €19.00 Price Target at Baader Bank
Infineon Technologies AG (ETR:IFXA) has been given a €19.00 ($20.00) target price by equities researchers at Baader Bank in a research note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock.
IFXA has been the topic of several other research reports. Commerzbank AG set a €18.50 ($19.47) target price on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Tuesday, October 25th. Oddo Securities set a €13.00 ($13.68) price target on Infineon Technologies AG and gave the stock a “sell” rating in a report on Monday, September 5th. Berenberg Bank set a €15.00 ($15.79) price target on Infineon Technologies AG and gave the stock a “buy” rating in a report on Monday, September 19th. BNP Paribas set a €13.40 ($14.11) price target on Infineon Technologies AG and gave the stock a “neutral” rating in a report on Monday, August 22nd. Finally, Deutsche Bank AG set a €16.60 ($17.47) price target on Infineon Technologies AG and gave the stock a “buy” rating in a report on Friday, October 14th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the stock. Infineon Technologies AG presently has an average rating of “Hold” and an average price target of €15.92 ($16.75).
Infineon Technologies AG (ETR:IFXA) opened at 15.767 on Wednesday. Infineon Technologies AG has a 12 month low of €10.23 and a 12 month high of €17.08. The company’s 50-day moving average price is €15.86 and its 200-day moving average price is €14.44. The stock has a market cap of €17.75 billion and a P/E ratio of 23.853.
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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