Infineon Technologies AG (ETR:IFXA) received a €21.25 ($25.30) target price from research analysts at Citigroup Inc. in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the technology company’s stock.

A number of other brokerages have also recently commented on IFXA. Deutsche Bank AG reiterated a “buy” rating on shares of Infineon Technologies AG in a research note on Friday, June 30th. J P Morgan Chase & Co set a €21.50 ($25.60) price target on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Friday, June 30th. Credit Suisse Group set a €21.00 ($25.00) price target on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Tuesday, June 27th. UBS AG set a €21.50 ($25.60) price target on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research note on Thursday, June 8th. Finally, Baader Bank set a €20.00 ($23.81) price target on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Wednesday, May 31st. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of €19.17 ($22.82).

Infineon Technologies AG (ETR IFXA) traded up 0.245% during trading on Friday, reaching €20.051. 684 shares of the company’s stock traded hands. The company has a market cap of €22.64 billion and a P/E ratio of 27.206. The firm’s 50 day moving average is €18.99 and its 200 day moving average is €18.72. Infineon Technologies AG has a 12 month low of €13.73 and a 12 month high of €20.47.

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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.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

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