November 24, 2016 - By Winifred Garcia
In an analyst report sent to investors on Thursday, 24 November, Infineon Technologies (ETR:IFX) stock “Hold” was kept by Analysts at Kepler Cheuvreux. They currently have a EUR 12.20 target price per share on the stock. Kepler Cheuvreux’s target price per share gives a potential downside of -27.42% from the company’s last price.
Out of 21 analysts covering Infineon Technologies (ETR:IFX), 10 rate it a “Buy”, 2 “Sell”, while 9 “Hold”. This means 48% are positive. €18.50 is the highest target while €9 is the lowest. The €14.78 average target is -11.02% below today’s (€16.61) stock price. Infineon Technologies has been the topic of 137 analyst reports since July 23, 2015 according to StockzIntelligence Inc. UBS upgraded Infineon Technologies AG (ETR:IFX) rating on Monday, August 17. UBS has “Buy” rating and €12 price target. Hauck & Aufhäuser Privatbankiers KGaA maintained the shares of IFX in a report on Thursday, November 24 with “Hold” rating. The rating was upgraded by BNP Paribas on Saturday, September 12 to “Outperform”. The rating was upgraded by Deutsche Bank to “Buy” on Thursday, September 10. Credit Suisse upgraded the shares of IFX in a report on Thursday, August 20 to “Outperform” rating. As per Friday, July 15, the company rating was upgraded by Berenberg. The firm has “Hold” rating by Bankhaus Lampe given on Thursday, June 2. The firm earned “Buy” rating on Friday, September 11 by Baader Wertpapierhandelsbank. The rating was maintained by Warburg Research on Friday, January 29 with “Hold”. The rating was upgraded by Bernstein to “Outperform” on Thursday, November 26.
About 2.48 million shares traded hands. Infineon Technologies AG (ETR:IFX) has risen 4.05% since April 27, 2016 and is uptrending. It has underperformed by 1.36% the S&P500.
Infineon Technologies AG develops, manufactures and markets a range of semiconductors and system solutions. The company has a market cap of 18.81 billion EUR. The Firm operates through four divisions: Automotive; Industrial Power Control; Power Management & Multimarket, and Chip Card & Security. It has a 22.43 P/E ratio. The Automotive segment designs, develops, makes and markets semiconductors for use in automotive applications.
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