Analyst at DZ-Bank AG Maintains The Infineon Technologies (ETR:IFX) Hold Rating They’ve Had

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Infineon Technologies (ETR:IFX) Rating Reaffirmed

Infineon Technologies (ETR:IFX) has had their stock rating reiterated as a solid Hold by stock analysts at DZ-Bank AG. This was unveiled in analysts note on 2 December.

From a total of 17 analysts covering Infineon Technologies (ETR:IFX) stock, 8 rate it a ”Buy”, 1 a “Sell”, and 8 a ”Hold”. This means that 47% of the ratings are positive. The highest target price is €16.50 while the lowest target price is €9.40. The mean of all analyst targets is €12.96 with a -6.76% below today’s (€13.9) stock price. Infineon Technologies was the topic of 44 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Oddo & Cie maintained shares on November 30 with “Neutral” rating. Kepler Cheuvreux maintained shares with “Hold” rating and €10 target share price in a report from a November 27. Deutsche Bank upgraded IFX stock in a recent report from November 28 to “Buy” rating. Independent Research maintained the rating on November 27. Independent Research has a “Hold” rating and a €13 price target on shares. Finally, UBS maintained the stock with “Neutral” rating in a report issued on a November 28.

The stock decreased 0.93% or EUR 0.13 on December 1, striking EUR 13.9. Approximately 8.27M shares of stock traded hands or 32.32% up from the average. Infineon Technologies AG (ETR:IFX) has declined 2.50% since May 5, 2015 and is downtrending. It has underperformed by 0.88% the S&P500.

Analyst at DZ-Bank AG Maintains The Infineon Technologies (ETR:IFX) Hold Rating They’ve Had

Infineon Technologies AG is a Germany firm developing semiconductors and system solutions for automotive and industrial electronics, and chip card, as well as security applications. The company has a market cap of 15.22 billion EUR. It diversifies its activities into four main divisions: Automotive; Industrial Power Control; Chip card & Security, and Power Management and Multimarket. It has 35.13 P/E ratio. The Automotive division designs, develops, makes and markets semiconductors for use in automotive applications.

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