Infineon Technologies AG (IFXA) Given a €23.00 Price Target by Commerzbank Ag Analysts
Commerzbank Ag set a €23.00 ($26.44) price target on Infineon Technologies AG (ETR:IFXA) in a research note released on Wednesday morning. The firm currently has a buy rating on the technology company’s stock.
Other analysts also recently issued reports about the company. UBS AG set a €19.00 ($21.84) target price on Infineon Technologies AG and gave the company a neutral rating in a research note on Monday, April 3rd. Oddo Securities set a €17.50 ($20.11) target price on Infineon Technologies AG and gave the company a sell rating in a research note on Friday, March 31st. Warburg Research set a €18.00 ($20.69) target price on Infineon Technologies AG and gave the company a neutral rating in a research note on Tuesday, March 28th. Kepler Capital Markets set a €21.50 ($24.71) target price on Infineon Technologies AG and gave the company a buy rating in a research note on Monday, March 27th. Finally, Baader Bank set a €20.00 ($22.99) target price on Infineon Technologies AG and gave the company a buy rating in a research note on Monday, March 27th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of €18.97 ($21.81).
Shares of Infineon Technologies AG (ETR:IFXA) traded up 1.137% during mid-day trading on Wednesday, hitting €19.306. The stock had a trading volume of 379 shares. The firm’s 50 day moving average price is €19.33 and its 200 day moving average price is €18.16. The company has a market cap of €21.80 billion and a P/E ratio of 28.644. Infineon Technologies AG has a 1-year low of €13.59 and a 1-year high of €20.47.
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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