The J P Morgan Chase & Co Analysts Give Infineon Technologies AG (IFXA) a €18.00 Price Target

By | February 26, 2017
 

J P Morgan Chase & Co set a €18.00 ($19.35) target price on Infineon Technologies AG (ETR:IFXA) in a report released on Monday morning. The firm currently has a buy rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Credit Suisse Group set a €17.50 ($18.82) target price on shares of Infineon Technologies AG and gave the company a buy rating in a research note on Thursday, November 17th. Deutsche Bank AG set a €16.60 ($17.85) target price on shares of Infineon Technologies AG and gave the company a buy rating in a research note on Friday, October 14th. Bankhaus Lampe set a €18.00 ($19.35) target price on shares of Infineon Technologies AG and gave the company a buy rating in a research note on Wednesday, October 12th. Baader Bank set a €16.50 ($17.74) target price on shares of Infineon Technologies AG and gave the company a buy rating in a research note on Wednesday, October 12th. Finally, Berenberg Bank set a €15.00 ($16.13) target price on shares of Infineon Technologies AG and gave the company a buy rating in a research note on Tuesday, November 15th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have given a buy rating to the company. The company currently has an average rating of Hold and an average target price of €16.84 ($18.10).

Shares of Infineon Technologies AG (ETR:IFXA) opened at 17.597 on Monday. The stock has a market cap of €19.83 billion and a PE ratio of 26.343. Infineon Technologies AG has a 52-week low of €10.23 and a 52-week high of €17.60. The stock’s 50 day moving average is €16.36 and its 200 day moving average is €15.48.

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.

Source: Daily Quint

Related posts: