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Infineon Technologies (ETR:IFX) Was Increased by Professional Analysts at Independent Research GmbH to a Buy Rating with EUR 15.70 Target Price


Infineon Technologies (ETR:IFX) Rating Increased

Infineon Technologies (ETR:IFX)’s stock was boosted to Buy by stock analysts at Independent Research GmbH, who have a PT of EUR 15.70 on IFX. Independent Research GmbH’s target is 14.77 % from IFX’s last price.

ETR:IFX Price Chart & Trend

The stock price of Infineon Technologies has skyrocketed 36.18% over the last 200 days, and is in powerful up trend. In the last 50 and 100 days, Infineon Technologies is up 8.6% and up 24.57%, respectively. Our stocks momentum model is shown on the price chart below.

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models


Infineon Technologies (ETR:IFX) Profile

Infineon Technologies AG develops, manufactures and markets a range of semiconductors and system solutions. The Company operates through four segments: 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 1.41% on 23 June, hitting EUR 13.7. A total of 5.04M shares of the company’s stock traded hands. This is up from average of 4.36M shares. Infineon Technologies has a 52 week low of EUR 8.32 and a 52 week high of EUR 14.19. The company has a market cap of 15.51B EUR and a P/E ratio of 20.42.

Get the latest Infineon Technologies (ETR:IFX) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Infineon Technologies (ETR:IFX) Was Increased by Professional Analysts at Independent Research GmbH to a Buy Rating with EUR 15.70 Target Price appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Infineon Technologies (ETR:IFX) Was Increased by Professional Analysts at Independent Research GmbH to a Buy Rating with EUR 15.70 Target Price

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