Infineon Technologies (ETR:IFX) Rating Upgrade

In analysts note revealed to clients on Wednesday morning, Deutsche Bank AG has boosted Infineon Technologies (ETR:IFX) stock to Buy and has set a 12month target price per share at EUR 14.50. Deutsche Bank AG’s target is 8.94 % from IFX’s last price.

ETR:IFX Price Chart & Trend

The stock price of Infineon Technologies risen 26.81% over the last 200 days, and is in powerful up trend. In the last 50 and 100 days, Infineon Technologies is up 11.45% and up 21.87%, 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 down -2.24% on 13 July, hitting EUR 13.29. A total of 4.87 million shares of the company’s stock traded hands. This is down from average of 5.18 million 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 15.05 billion EUR and a P/E ratio of 19.81.

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