Infineon Technologies AG (ETR:IFXA) has been assigned a €17.20 ($20.24) target price by stock analysts at Barclays PLC in a research note issued on Thursday. The brokerage presently has a “neutral” rating on the technology company’s stock.

A number of other equities research analysts 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. Baader Bank 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. 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. 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 equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have assigned a buy rating to the company. Infineon Technologies AG has a consensus rating of “Hold” and a consensus target price of €19.43 ($22.86).

Infineon Technologies AG (ETR:IFXA) opened at 21.407 on Thursday. The firm has a 50-day moving average of €20.32 and a 200-day moving average of €19.33. The firm has a market capitalization of €24.17 billion and a price-to-earnings ratio of 29.046. Infineon Technologies AG has a 52-week low of €14.86 and a 52-week high of €21.97.

ILLEGAL ACTIVITY WARNING: “Infineon Technologies AG (IFXA) Given a €17.20 Price Target at Barclays PLC” was posted by American Banking News and is the property of of American Banking News. If you are reading this article on another domain, it was illegally copied and republished in violation of U.S. & international copyright laws. The legal version of this article can be accessed at https://www.americanbankingnews.com/2017/10/12/infineon-technologies-ag-ifxa-given-a-17-20-price-target-at-barclays-plc.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.