Trading Report: Today: Baader Bank Reiterates €16.50 Price Target for Infineon Technologies AG (IFXA)

Today: Baader Bank Reiterates €16.50 Price Target for Infineon Technologies AG (IFXA)

Baader Bank set a €16.50 ($18.33) price objective on Infineon Technologies AG (ETR:IFXA) in a research note released on Wednesday. The firm currently has a a buy rating on the stock.

A number of other research firms also recently weighed in on IFXA. Kepler Capital Markets set a €12.50 ($13.89) target price on Infineon Technologies AG and gave the stock a neutral rating in a report on Tuesday, June 21st. Hauck & Aufhaeuser set a €12.40 ($13.78) target price on Infineon Technologies AG and gave the stock a neutral rating in a report on Friday, July 15th. Credit Suisse Group AG set a €14.00 ($15.56) target price on Infineon Technologies AG and gave the stock a buy rating in a report on Tuesday, July 12th. Sanford C. Bernstein set a €17.00 ($18.89) target price on Infineon Technologies AG and gave the stock a buy rating in a report on Tuesday, July 12th. Finally, BNP Paribas set a €13.40 ($14.89) target price on Infineon Technologies AG and gave the stock a neutral rating in a report on Monday, August 22nd. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of €14.71 ($16.35).

Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.846 on Wednesday. Infineon Technologies AG has a one year low of €10.23 and a one year high of €16.15. The company has a market capitalization of €17.84 billion and a price-to-earnings ratio of 20.960. The company’s 50-day moving average price is €15.15 and its 200-day moving average price is €13.65.

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Trading Report: Today, Baader Bank Reiterates €16.50 Price Target for Infineon Technologies AG (IFXA)

Today, Baader Bank Reiterates €16.50 Price Target for Infineon Technologies AG (IFXA)

Baader Bank set a €16.50 ($17.74) target price on Infineon Technologies AG (ETR:IFXA) in a report released on Wednesday. The firm currently has a buy rating on the stock.

A number of other analysts have also commented on IFXA. Oddo Securities set a €13.00 ($13.98) price objective on Infineon Technologies AG and gave the stock a neutral rating in a research report on Wednesday, August 3rd. Commerzbank AG set a €18.50 ($19.89) price objective on Infineon Technologies AG and gave the stock a buy rating in a research report on Wednesday, November 23rd. Bankhaus Lampe set a €13.00 ($13.98) target price on Infineon Technologies AG and gave the stock a neutral rating in a report on Tuesday, August 2nd. Credit Suisse Group AG set a €15.00 ($16.13) target price on Infineon Technologies AG and gave the stock a buy rating in a report on Friday, September 9th. Finally, S&P Global Inc. set a €14.00 ($15.05) target price on Infineon Technologies AG and gave the stock a neutral rating in a report on Tuesday, August 2nd. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of €15.76 ($16.95).

Infineon Technologies AG (ETR:IFXA) opened at 15.727 on Wednesday. The firm has a market cap of €17.71 billion and a P/E ratio of 20.803. The company has a 50-day moving average price of €15.87 and a 200-day moving average price of €14.38. Infineon Technologies AG has a 12-month low of €10.23 and a 12-month high of €17.08.

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