TOday’s Movers: Infineon Technologies (ETR:IFX) Stock Rating Maintained at Bankhaus Lampe KG; EUR 13.40 Target Price Indicates -3.39% Potential

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Infineon Technologies (ETR:IFX) Rating Reaffirmed

Infineon Technologies (ETR:IFX) just had their share rating of a ‘Hold’ issued by research analysts at Bankhaus Lampe KG, who now has a EUR 13.40 target PPS on the 15.67 billion EUR market cap company or a -3.39% downside potential. This key information was disclosed in a note on Tuesday, 8 December.

From a total of 18 analysts covering Infineon Technologies (ETR:IFX) stock, 7 rate it a ”Buy”, 1 a “Sell”, and 10 a ”Hold”. This means that 39% 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 €13.28 with a -4.32% below today’s (€13.88) stock price. Infineon Technologies was the topic of 47 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Independent Research maintained shares on December 4 with “Hold” rating. UBS maintained shares with “Neutral” rating and €13 target share price in a report from a November 28. DZ-Bank AG maintained IFX stock in a recent report from December 2 with “Hold” rating. Deutsche Bank upgraded the rating on November 28. Deutsche Bank has a “Buy” rating and a €14.60 price target on shares. Finally, Baader Wertpapierhandelsbank upgraded the stock to “Buy” rating in a report issued on a November 28.

The stock decreased 0.47% or EUR 0.06 on December 7, striking EUR 13.88. Approximately 4.08 million shares of stock traded hands. Infineon Technologies AG (ETR:IFX) has declined 11.11% since May 11, 2015 and is downtrending. It has underperformed by 10.03% the S&P500.

TOday’s Movers: Infineon Technologies (ETR:IFX) Stock Rating Maintained at Bankhaus Lampe KG; EUR 13.40 Target Price Indicates -3.39% Potential

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 15.67 billion EUR. It diversifies its activities into four main divisions: Automotive; Industrial Power Control; Chip card & Security, and Power Management and Multimarket. It has 25.22 P/E ratio. The Automotive division designs, develops, makes and markets semiconductors for use in automotive applications.

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