Infineon Technologies (ETR:IFX) Rating Reconfirmed

Infineon Technologies (ETR:IFX) had its stock rating noted as “Hold” by analysts at Bankhaus Lampe KG. Bankhaus Lampe KG currently has a EUR 13.00 PT on the 15.35 billion EUR market cap company or -4.06 % downside potential. This was revealed in analysts report on 15 July.

ETR:IFX is at the moment trading -0.33% lower at EUR 13.56 as of 19:47 Frankfurt time. Infineon Technologies’s stock is up 27.74% in the last 200 days. It has outperformed the Standard & Poor’s 500 index, which has increased 14.98% in the same time period.

ETR:IFX Price Chart & Trend

The stock price of Infineon Technologies went up 27.74% over the last 200 days, and is in very strong up trend. In the last 50 and 100 days, Infineon Technologies is up 13.09% and up 21.34%, 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 -0.33% on 15 July, hitting EUR 13.56. A total of 4.12M shares of the company’s stock traded hands. This is down from average of 5.21M 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 15.35B EUR and a P/E ratio of 20.21.

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

The post Analysts at Bankhaus Lampe KG Kept the Same their “Hold” rating for Infineon Technologies (ETR:IFX) with EUR 13.00 Target Price appeared first on Octafinance.