Shares of Infineon Technologies AG (ETR:IFXA) have earned an average rating of “Hold” from the twenty-four analysts that are presently covering the firm. Two research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is €16.96 ($18.05).

IFXA has been the topic of several recent research reports. Morgan Stanley set a €9.00 ($9.57) price objective on shares of Infineon Technologies AG and gave the company a “sell” rating in a research note on Thursday, November 17th. Citigroup Inc. set a €18.50 ($19.68) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Tuesday, January 31st. Goldman Sachs Group, Inc. (The) set a €16.60 ($17.66) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research note on Friday, November 18th. Berenberg Bank set a €15.00 ($15.96) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Tuesday, November 15th. Finally, Independent Research GmbH set a €17.00 ($18.09) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research note on Wednesday, November 23rd.

Shares of Infineon Technologies AG (ETR:IFXA) traded down 1.218% during midday trading on Friday, hitting €16.944. 299 shares of the stock were exchanged. The firm has a market cap of €19.10 billion and a PE ratio of 25.365. Infineon Technologies AG has a 12-month low of €10.97 and a 12-month high of €17.89. The firm has a 50-day moving average price of €16.71 and a 200 day moving average price of €15.80.

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Infineon Technologies AG Company Profile

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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