Infineon Technologies AG (ETR:IFXA) has been given a €21.50 ($25.00) price target by analysts at J P Morgan Chase & Co in a research report issued on Friday, June 30th. The firm currently has a “buy” rating on the technology company’s stock.
Several other research firms have also commented on IFXA. Commerzbank Ag set a €22.00 ($25.58) target price on Infineon Technologies AG and gave the company a “buy” rating in a report on Monday, March 27th. Oddo Securities set a €17.50 ($20.35) target price on shares of Infineon Technologies AG and gave the stock a “sell” rating in a research note on Friday, March 31st. Deutsche Bank AG reaffirmed a “buy” rating on shares of Infineon Technologies AG in a report on Monday, May 22nd. UBS AG set a €19.00 ($22.09) price objective on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Monday, April 3rd. Finally, Nord/LB set a €21.00 ($24.42) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research note on Monday, March 27th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of €18.97 ($22.06).
Shares of Infineon Technologies AG (IFXA) traded down 0.586% on Friday, hitting €18.478. The stock had a trading volume of 202 shares. Infineon Technologies AG has a 12-month low of €13.59 and a 12-month high of €20.47. The firm has a market cap of €20.87 billion and a price-to-earnings ratio of 27.415. The stock has a 50 day moving average of €19.06 and a 200 day moving average of €18.26.
TRADEMARK VIOLATION NOTICE: “Infineon Technologies AG (IFXA) PT Set at €21.50 by J P Morgan Chase & Co” was first posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright law. The original version of this story can be viewed at https://www.chaffeybreeze.com/2017/07/30/j-p-morgan-chase-21-50-price-target-for-infineon-technologies-ag-ifxa-updated-updated-updated.html.
About Infineon Technologies AG
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.
Receive News & Ratings for Infineon Technologies AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies AG and related companies with MarketBeat.com's FREE daily email newsletter.