Infineon Technologies AG (ETR:IFXA) received a €22.50 ($26.47) price target from research analysts at Deutsche Bank AG in a report released on Wednesday. The brokerage currently has a “buy” rating on the technology company’s stock.

IFXA has been the topic of a number of other research reports. Independent Research GmbH set a €19.50 ($22.94) price objective on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Tuesday. Commerzbank Ag set a €23.00 ($27.06) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Friday, June 30th. Goldman Sachs Group, Inc. (The) set a €19.00 ($22.35) price objective on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Friday, May 5th. Baader Bank set a €20.00 ($23.53) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Thursday, April 27th. Finally, Morgan Stanley set a €9.50 ($11.18) price objective on shares of Infineon Technologies AG and gave the stock a “sell” rating in a research report on Friday, April 7th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of €18.94 ($22.29).

Infineon Technologies AG (ETR:IFXA) traded up 0.907% during mid-day trading on Wednesday, hitting €18.916. The company’s stock had a trading volume of 500 shares. Infineon Technologies AG has a 52-week low of €13.59 and a 52-week high of €20.47. The firm has a market cap of €21.36 billion and a price-to-earnings ratio of 28.065. The firm has a 50 day moving average of €19.00 and a 200-day moving average of €18.30.

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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.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

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