Infineon Technologies AG (IFXA) PT Set at €21.50 by Baader Bank
Infineon Technologies AG (ETR:IFXA) has been given a €21.50 ($25.60) price objective by investment analysts at Baader Bank in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the technology company’s stock.
A number of other research analysts have also weighed in on IFXA. UBS AG set a €21.50 ($25.60) price target on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research note on Thursday, June 8th. J P Morgan Chase & Co set a €21.50 ($25.60) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Monday, September 18th. Berenberg Bank set a €20.00 ($23.81) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Tuesday. Goldman Sachs Group, Inc. (The) set a €21.30 ($25.36) price objective on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Independent Research GmbH set a €19.50 ($23.21) price objective on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Tuesday, August 1st. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of €19.24 ($22.90).
Infineon Technologies AG (ETR:IFXA) opened at 20.803 on Thursday. The firm has a 50-day moving average of €19.34 and a 200 day moving average of €18.91. The firm has a market cap of €23.49 billion and a price-to-earnings ratio of 28.893. Infineon Technologies AG has a 1-year low of €14.86 and a 1-year high of €20.90.
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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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