Infineon Technologies AG (ETR:IFXA) has been given a €20.00 ($23.26) price objective by Baader Bank in a research note issued to investors on Friday, June 30th. The brokerage currently has a “buy” rating on the technology company’s stock.
IFXA has been the subject of a number of other research reports. Deutsche Bank AG set a €22.50 ($26.16) price target on Infineon Technologies AG and gave the company a “buy” rating in a research note on Thursday, April 6th. BNP Paribas set a €18.50 ($21.51) price target on Infineon Technologies AG and gave the company a “neutral” rating in a research note on Thursday, March 2nd. Kepler Capital Markets set a €21.50 ($25.00) price target on Infineon Technologies AG and gave the company a “buy” rating in a research note on Monday, March 27th. Berenberg Bank set a €20.00 ($23.26) price target on Infineon Technologies AG and gave the company a “buy” rating in a research note on Friday, May 5th. Finally, Credit Suisse Group reiterated a “buy” rating on shares of Infineon Technologies AG in a research note on Tuesday, April 18th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of €18.97 ($22.06).
Infineon Technologies AG (ETR:IFXA) traded down 0.586% during mid-day trading on Friday, reaching €18.478. The company had a trading volume of 202 shares. The stock has a 50 day moving average price of €19.06 and a 200 day moving average price of €18.26. Infineon Technologies AG has a one year low of €13.59 and a one year high of €20.47. The company has a market capitalization of €20.87 billion and a P/E ratio of 27.415.
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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