Goldman Sachs Group Inc. Analysts Give Infineon Technologies AG (IFXA) a €16.60 Price Target
Infineon Technologies AG (ETR:IFXA) has been assigned a €16.60 ($18.24) price target by research analysts at Goldman Sachs Group Inc. in a report released on Tuesday. The brokerage presently has a a “neutral” rating on the stock.
Other equities analysts have also issued research reports about the stock. Barclays PLC set a €13.50 ($14.84) price target on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a report on Monday. Bankhaus Lampe set a €13.00 ($14.29) target price on shares of Infineon Technologies AG and gave the company a “neutral” rating in a report on Friday, July 15th. BNP Paribas set a €13.40 ($14.73) target price on shares of Infineon Technologies AG and gave the company a “neutral” rating in a report on Monday, July 18th. Sanford C. Bernstein set a €17.00 ($18.68) target price on shares of Infineon Technologies AG and gave the company a “buy” rating in a report on Wednesday, June 22nd. Finally, JPMorgan Chase & Co. set a €13.80 ($15.16) target price on shares of Infineon Technologies AG and gave the company a “buy” rating in a report on Friday, July 15th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of €14.91 ($16.39).
Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.762 on Tuesday. Infineon Technologies AG has a one year low of €10.23 and a one year high of €16.15. The company has a market cap of €17.75 billion and a P/E ratio of 20.849. The company has a 50 day moving average price of €15.17 and a 200 day moving average price of €13.69.
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About Infineon Technologies AG
Infineon Technologies AG is a Germany-based company developing semiconductors and system solutions for automotive and industrial electronics, and chip card, as well as security applications. It diversifies its operations into four main divisions: Automotive; Industrial Power Control; Chip card & Security, and Power Management and Multimarket.
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