Infineon Technologie

IFX
Real-time TRADEGATE AG - 02/19 03:59:58 pm
19.788EUR
-0.85%

Is the distribution phase coming to an end ?

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Anas Lozach
Analyst

Strategy published on : 02/06/2019 | 04:10

long trade
Live

Entry price : 19.405€
Target : 21€
Stop-loss : 18.5€
Potential : 8.22%

The price of Infineon Technologies shares is range-bound. This phase will end sooner or later when volatility comes back.
Investors have an opportunity to buy the stock and target the € 21.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.


Strengths

● The group's activity appears highly profitable thanks to its outperforming net margins.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Analysts covering this company mostly recommend stock overweighting or purchase.

● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.


Weaknesses

● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.

● For the past seven days, analysts have been lowering their EPS expectations for the company.

● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 20.1 EUR

Zonebourse.com 2019
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