A number of other equities research analysts have also recently commented on the company. Barclays PLC set a €13.50 ($15.00) target price on Infineon Technologies AG and gave the stock a neutral rating in a research note on Wednesday, July 6th. Sanford C. Bernstein set a €17.00 ($18.89) target price on Infineon Technologies AG and gave the stock a buy rating in a research note on Tuesday, July 5th. Morgan Stanley set a €9.00 ($10.00) target price on Infineon Technologies AG and gave the stock a sell rating in a research note on Wednesday, August 10th. Commerzbank AG set a €16.50 ($18.33) price objective on Infineon Technologies AG and gave the company a buy rating in a research note on Friday, July 15th. Finally, Berenberg Bank set a €15.00 ($16.67) price objective on Infineon Technologies AG and gave the company a buy rating in a research note on Thursday, July 14th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of €14.67 ($16.30).
Infineon Technologies AG (ETR:IFXA) opened at 15.396 on Wednesday. The firm has a market capitalization of €17.34 billion and a P/E ratio of 20.365. The firm has a 50 day moving average of €15.12 and a 200 day moving average of €13.61. Infineon Technologies AG has a 12-month low of €10.23 and a 12-month high of €16.15.
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.
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