Infineon Technologies AG (ETR:IFXA) has been assigned a consensus rating of “Hold” from the twenty-four analysts that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is €19.48 ($22.91).

A number of research analysts have weighed in on the company. BNP Paribas reiterated a “sell” rating on shares of Infineon Technologies AG in a report on Friday, July 21st. Commerzbank Ag set a €23.00 ($27.06) target price on Infineon Technologies AG and gave the stock a “buy” rating in a report on Wednesday, July 19th. Morgan Stanley set a €9.50 ($11.18) target price on Infineon Technologies AG and gave the stock a “sell” rating in a report on Monday, July 17th. UBS AG reiterated a “neutral” rating on shares of Infineon Technologies AG in a report on Tuesday, July 11th. Finally, Barclays PLC set a €17.20 ($20.24) target price on Infineon Technologies AG and gave the stock a “neutral” rating in a report on Friday, July 7th.

Shares of Infineon Technologies AG (ETR:IFXA) opened at 21.368 on Wednesday. The firm has a 50-day moving average price of €20.24 and a 200-day moving average price of €19.31. The firm has a market cap of €24.12 billion and a PE ratio of 28.993. Infineon Technologies AG has a 52 week low of €14.86 and a 52 week high of €21.97.

TRADEMARK VIOLATION WARNING: This story was reported by American Banking News and is owned by of American Banking News. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://www.americanbankingnews.com/2017/10/11/infineon-technologies-ag-ifxa-receives-consensus-rating-of-hold-from-brokerages.html.

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)

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.