Infineon Technologies AG (ETR:IFXA) received a €20.00 ($23.81) target price 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 equities analysts have also issued reports on IFXA. Deutsche Bank AG restated a “buy” rating on shares of Infineon Technologies AG in a research report on Monday, May 22nd. Goldman Sachs Group, Inc. (The) set a €22.00 ($26.19) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Monday, May 29th. Commerzbank Ag set a €23.00 ($27.38) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Tuesday, May 30th. Baader Bank set a €20.00 ($23.81) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Wednesday, May 31st. Finally, UBS AG set a €21.50 ($25.60) target price on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Thursday, June 8th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the stock. Infineon Technologies AG has a consensus rating of “Hold” and an average price target of €19.24 ($22.90).

Shares of Infineon Technologies AG (ETR IFXA) opened at 20.686 on Tuesday. The firm has a market capitalization of €23.35 billion and a PE ratio of 28.731. Infineon Technologies AG has a 52 week low of €14.71 and a 52 week high of €20.89. The firm’s 50-day moving average is €19.30 and its 200 day moving average is €18.88.

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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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