Todays Report: Today, Infineon Technologies AG (IFXA) PT Set at €18.50 by Commerzbank AG

Today, Infineon Technologies AG (IFXA) PT Set at €18.50 by Commerzbank AG

Infineon Technologies AG (ETR:IFXA) received a €18.50 ($19.89) target price from research analysts at Commerzbank AG in a research note issued on Wednesday. The firm currently has a “buy” rating on the stock.

Other equities research analysts have also issued research reports about the company. BNP Paribas set a €13.40 ($14.41) target price on Infineon Technologies AG and gave the company a “neutral” rating in a research report on Wednesday, August 3rd. Nord/LB set a €14.50 ($15.59) target price on Infineon Technologies AG and gave the company a “neutral” rating in a research report on Wednesday, August 3rd. Berenberg Bank set a €15.00 ($16.13) target price on Infineon Technologies AG and gave the company a “buy” rating in a research report on Wednesday, August 3rd. Oddo Securities set a €13.00 ($13.98) target price on Infineon Technologies AG and gave the company a “sell” rating in a research report on Friday, November 18th. Finally, Hauck & Aufhaeuser set a €12.40 ($13.33) target price on Infineon Technologies AG and gave the company a “neutral” rating in a research report on Tuesday, August 2nd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of €15.64 ($16.82).

Shares of Infineon Technologies AG (ETR:IFXA) opened at 16.173 on Wednesday. The company has a market capitalization of €18.21 billion and a PE ratio of 21.393. Infineon Technologies AG has a 52-week low of €10.23 and a 52-week high of €17.08. The stock has a 50 day moving average price of €15.86 and a 200 day moving average price of €14.37.

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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