Infineon Technologies AG (ETR:IFXA) received a €20.00 ($22.47) price objective from stock analysts at Berenberg Bank in a research report issued on Tuesday. The firm currently has a “buy” rating on the technology company’s stock.

A number of other research analysts have also commented on IFXA. Baader Bank set a €20.00 ($22.47) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Friday, May 5th. Goldman Sachs Group Inc set a €22.00 ($24.72) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Monday, May 15th. Oddo Securities set a €17.50 ($19.66) price objective on shares of Infineon Technologies AG and gave the company a “sell” rating in a research note on Friday, March 31st. Deutsche Bank AG restated a “buy” rating on shares of Infineon Technologies AG in a research note on Monday. Finally, Barclays PLC set a €17.20 ($19.33) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research note on Friday, May 5th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and fifteen have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of €18.73 ($21.05).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Shares of Infineon Technologies AG (ETR:IFXA) opened at 18.851 on Tuesday. The firm’s 50-day moving average price is €18.76 and its 200 day moving average price is €17.17. The firm has a market capitalization of €21.29 billion and a P/E ratio of 27.969. Infineon Technologies AG has a 12 month low of €12.00 and a 12 month high of €19.65.

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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.

12 Month Chart for ETR:IFXA

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