Baader Bank set a €21.50 ($25.60) price objective on Infineon Technologies AG (ETR:IFXA) in a report released on Tuesday. The brokerage currently has a buy rating on the technology company’s stock.

Other equities analysts have also recently issued research reports about the company. Deutsche Bank AG set a €22.50 ($26.79) price target on Infineon Technologies AG and gave the stock a buy rating in a report on Wednesday, May 31st. Commerzbank Ag set a €23.00 ($27.38) price target on Infineon Technologies AG and gave the stock a buy rating in a report on Tuesday, May 30th. Berenberg Bank set a €20.00 ($23.81) price target on Infineon Technologies AG and gave the stock a buy rating in a report on Monday, May 29th. Goldman Sachs Group, Inc. (The) set a €22.00 ($26.19) price target on Infineon Technologies AG and gave the stock a buy rating in a report on Monday, May 29th. Finally, Kepler Capital Markets set a €21.50 ($25.60) price target on Infineon Technologies AG and gave the stock a buy rating in a report on Friday, June 30th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of €19.24 ($22.90).

Infineon Technologies AG (ETR:IFXA) opened at 20.434 on Tuesday. The company’s 50 day moving average price is €19.22 and its 200 day moving average price is €18.83. Infineon Technologies AG has a 52-week low of €14.58 and a 52-week high of €20.68. The firm has a market cap of €23.07 billion and a PE ratio of 28.381.

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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)

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