Infineon Technologies AG (ETR:IFXA) has been assigned a €18.00 ($21.18) target price by stock analysts at BNP Paribas in a research note issued to investors on Friday. The firm presently has a “sell” rating on the technology company’s stock.
A number of other equities analysts have also recently weighed in on the stock. Barclays PLC set a €17.20 ($20.24) price objective on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Thursday. UBS AG set a €21.00 ($24.71) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Wednesday. Baader Bank set a €21.50 ($25.29) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Wednesday. Goldman Sachs Group, Inc. (The) set a €21.30 ($25.06) price objective on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Morgan Stanley set a €11.00 ($12.94) price objective on shares of Infineon Technologies AG and gave the stock a “sell” rating in a research report on Friday, October 6th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of €19.41 ($22.84).
Infineon Technologies AG (ETR IFXA) opened at 21.561 on Friday. The company’s 50-day moving average is €20.39 and its 200 day moving average is €19.35. The stock has a market capitalization of €24.34 billion and a PE ratio of 29.255. Infineon Technologies AG has a 1-year low of €14.86 and a 1-year high of €21.97.
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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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