Infineon Technologies AG (ETR:IFXA) received a €21.50 ($25.60) price objective from investment analysts at Baader Bank in a research note issued on Thursday. The brokerage presently has a “buy” rating on the technology company’s stock.

IFXA has been the topic of several other reports. Goldman Sachs Group, Inc. (The) set a €22.00 ($26.19) target price on Infineon Technologies AG and gave the stock a “buy” rating in a report on Monday, May 29th. Berenberg Bank set a €20.00 ($23.81) target price on Infineon Technologies AG and gave the stock a “buy” rating in a report on Monday, May 29th. Commerzbank Ag set a €23.00 ($27.38) target price on Infineon Technologies AG and gave the stock a “buy” rating in a report on Tuesday, May 30th. Deutsche Bank AG set a €22.50 ($26.79) target price on Infineon Technologies AG and gave the stock a “buy” rating in a report on Wednesday, May 31st. Finally, UBS AG set a €21.50 ($25.60) target price on Infineon Technologies AG and gave the stock a “neutral” rating in a report on Thursday, June 8th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of €19.24 ($22.90).

Infineon Technologies AG (ETR IFXA) traded up 1.359% during mid-day trading on Thursday, reaching €20.803. The company had a trading volume of 130 shares. Infineon Technologies AG has a 52-week low of €14.86 and a 52-week high of €20.90. The company’s 50 day moving average is €19.34 and its 200 day moving average is €18.91. The stock has a market capitalization of €23.49 billion and a price-to-earnings ratio of 28.227.

COPYRIGHT VIOLATION NOTICE: “Baader Bank Reiterates €21.50 Price Target for Infineon Technologies AG (IFXA)” was reported by American Banking News and is the sole property of of American Banking News. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The correct version of this story can be read at https://www.americanbankingnews.com/2017/09/23/baader-bank-reiterates-21-50-price-target-for-infineon-technologies-ag-ifxa.html.

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)

Receive News & Ratings for Infineon Technologies AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies AG and related companies with MarketBeat.com's FREE daily email newsletter.