Infineon Technologies AG (IFXA) PT Set at €18.00 by Independent Research GmbH

Infineon Technologies AG (ETR:IFXA) received a €18.00 ($19.35) target price from equities researchers at Independent Research GmbH in a research report issued on Thursday. The firm presently has a “neutral” rating on the stock.

Several other research analysts have also weighed in on IFXA. Oddo Securities set a €13.00 ($13.98) price objective on Infineon Technologies AG and gave the stock a “sell” rating in a research report on Friday, November 18th. Goldman Sachs Group, Inc. (The) set a €16.60 ($17.85) price objective on Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Friday, November 18th. Credit Suisse Group set a €17.50 ($18.82) price objective on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Thursday, November 17th. Morgan Stanley set a €9.00 ($9.68) price target on Infineon Technologies AG and gave the stock a “sell” rating in a research note on Thursday, November 17th. Finally, Berenberg Bank set a €15.00 ($16.13) price target on Infineon Technologies AG and gave the stock a “buy” rating in a research note on Tuesday, November 15th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of €16.90 ($18.17).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Infineon Technologies AG (ETR:IFXA) opened at 16.866 on Thursday. The stock has a market capitalization of €19.01 billion and a P/E ratio of 25.249. The stock has a 50 day moving average price of €16.66 and a 200-day moving average price of €15.73. Infineon Technologies AG has a one year low of €10.60 and a one year high of €17.89.

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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.

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