Infineon Technologies AG (ETR:IFXA) received a €21.50 ($25.29) price objective from research analysts at Baader Bank in a research note issued on Wednesday. The firm currently has a “buy” rating on the technology company’s stock.

A number of other analysts have also recently issued reports on IFXA. UBS AG set a €21.00 ($24.71) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research note on Friday, September 29th. 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 note on Tuesday, August 1st. Kepler Capital Markets set a €21.50 ($25.29) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. Goldman Sachs Group, Inc. (The) set a €21.30 ($25.06) price objective on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Wednesday. Finally, J P Morgan Chase & Co set a €21.50 ($25.29) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research note on Monday, July 31st. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of €19.43 ($22.86).

Infineon Technologies AG (IFXA) opened at 21.368 on Wednesday. The company has a 50-day moving average of €20.24 and a 200 day moving average of €19.31. The company has a market capitalization of €24.12 billion and a P/E ratio of 28.993. Infineon Technologies AG has a 12-month low of €14.86 and a 12-month high of €21.97.

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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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