Infineon Technologies (ETR:IFX) Rating Maintained

In analysts note shared with investors and clients on today, Kepler Cheuvreux reiterated their “Hold” rating on Infineon Technologies (ETR:IFX)’s stock. The target price per share suggests a potential downside of -5.99 % from company’s previous close.

ETR:IFX is right now trading 0.32% higher at EUR 17.05 as of 6:06 PM Frankfurt time. Infineon Technologies’s stock is 0% over the last 200 days. It has underperformed the S&P500, which has gained 10.55% over the same time.

Infineon Technologies (ETR:IFX) Profile

Infineon Technologies AG and its subsidiaries design, develop, manufacture and market a range of semiconductors and related system solutions. The Company’s segments include Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications.

Infineon Technologies (ETR:IFX) traded up 0.32% on 10 February, hitting EUR 17.05. A total of 5.47M shares of the company’s stock traded hands. This is up from average of 3.75M shares. Infineon Technologies has a 52 week low of EUR 10.11 and a 52 week high of EUR 17.95. The company has a market cap of 19.33B EUR and a P/E ratio of 25.84.

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The post Infineon Technologies (ETR:IFX) Investors: Kepler Cheuvreux Reconfirms “Hold” Rating, Sees EUR 16.00/Share appeared first on Octafinance.