Trading Report: Today, Warburg Research Reiterates “€16.00” Price Target for Infineon Technologies AG (IFXA)

Today, Warburg Research Reiterates “€16.00” Price Target for Infineon Technologies AG (IFXA)

Infineon Technologies AG (ETR:IFXA) has been assigned a €16.00 ($16.84) price target by stock analysts at Warburg Research in a research report issued to clients and investors on Tuesday. The brokerage presently has a “neutral” rating on the stock.

IFXA has been the topic of several other reports. Commerzbank AG set a €18.50 ($19.47) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research report on Tuesday, October 25th. Oddo Securities set a €13.00 ($13.68) price objective on shares of Infineon Technologies AG and gave the company a “sell” rating in a research report on Monday, September 5th. Berenberg Bank set a €15.00 ($15.79) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research report on Monday, September 19th. Baader Bank set a €16.50 ($17.37) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research report on Monday, October 3rd. Finally, BNP Paribas set a €13.40 ($14.11) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research report on Monday, August 22nd. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of €15.80 ($16.63).

Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.727 on Tuesday. The firm has a 50-day moving average of €15.86 and a 200 day moving average of €14.44. Infineon Technologies AG has a 1-year low of €10.23 and a 1-year high of €17.08. The company has a market capitalization of €17.71 billion and a P/E ratio of 20.803.

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