Goldman Sachs Group, Inc. (The) set a €21.30 ($25.36) target price on Infineon Technologies AG (ETR:IFXA) in a research note published on Wednesday morning. The firm currently has a neutral rating on the technology company’s stock.

IFXA has been the subject of several other research reports. Deutsche Bank AG set a €22.50 ($26.79) price objective on shares of Infineon Technologies AG and gave the company a buy rating in a research note on Wednesday, May 31st. Baader Bank set a €20.00 ($23.81) price objective on shares of Infineon Technologies AG and gave the company a buy rating in a research note on Wednesday, May 31st. Commerzbank Ag set a €23.00 ($27.38) price objective on shares of Infineon Technologies AG and gave the company a buy rating in a research note on Tuesday, May 30th. Berenberg Bank set a €20.00 ($23.81) price objective on shares of Infineon Technologies AG and gave the company a buy rating in a research note on Monday, May 29th. Finally, J P Morgan Chase & Co set a €21.50 ($25.60) price objective on shares of Infineon Technologies AG and gave the company a buy rating in a research note on Friday, June 30th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. Infineon Technologies AG currently has an average rating of Hold and an average target price of €19.24 ($22.90).

Infineon Technologies AG (ETR IFXA) opened at 20.562 on Wednesday. Infineon Technologies AG has a 12 month low of €14.86 and a 12 month high of €20.89. The stock’s 50 day moving average price is €19.34 and its 200-day moving average price is €18.91. The stock has a market cap of €23.21 billion and a price-to-earnings ratio of 28.558.

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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.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

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