Infineon Technologies AG (ETR:IFXA) has been assigned a €21.00 ($24.71) price target by research analysts at UBS AG in a research report issued on Wednesday, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the technology company’s stock.

Other analysts have also issued research reports about the stock. Goldman Sachs Group, Inc. (The) set a €22.00 ($25.88) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Tuesday, July 4th. Nord/LB set a €21.00 ($24.71) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Monday, July 3rd. 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 report on Friday, June 30th. 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 report on Friday, June 30th. Finally, 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 report on Friday, June 30th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of €19.43 ($22.86).

Shares of Infineon Technologies AG (IFXA) traded down 0.291% during trading on Wednesday, reaching €21.592. The company had a trading volume of 600 shares. The firm has a 50-day moving average of €20.24 and a 200-day moving average of €19.31. Infineon Technologies AG has a 12-month low of €14.86 and a 12-month high of €21.97. The company has a market cap of €24.38 billion and a P/E ratio of 29.297.

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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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