Berenberg Bank set a €15.00 ($16.67) price objective on Infineon Technologies AG (ETR:IFXA) in a research report released on Monday morning. The firm currently has a a buy rating on the stock.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

A number of other brokerages also recently issued reports on IFXA. Credit Suisse Group AG set a €14.00 ($15.56) price objective on shares of Infineon Technologies AG and gave the stock a buy rating in a research report on Tuesday, July 12th. Sanford C. Bernstein set a €17.00 ($18.89) price objective on shares of Infineon Technologies AG and gave the stock a buy rating in a research report on Tuesday, July 12th. Barclays PLC set a €13.50 ($15.00) price objective on shares of Infineon Technologies AG and gave the stock a neutral rating in a research report on Wednesday, July 6th. Kepler Capital Markets set a €11.40 ($12.67) target price on shares of Infineon Technologies AG and gave the company a neutral rating in a research report on Wednesday, June 29th. Finally, Goldman Sachs Group Inc. set a €12.20 ($13.56) target price on shares of Infineon Technologies AG and gave the company a neutral rating in a research report on Tuesday, June 28th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €14.35 ($15.95).

Infineon Technologies AG (ETR:IFXA) opened at 14.709 on Monday. The firm’s 50-day moving average is €14.80 and its 200 day moving average is €13.17. The firm has a market capitalization of €16.56 billion and a P/E ratio of 19.456. Infineon Technologies AG has a 12 month low of €9.12 and a 12 month high of €15.44.

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.

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 Analyst Ratings Network's FREE daily email newsletter.