Kepler Capital Markets set a €22.50 ($26.47) price target on Infineon Technologies AG (ETR:IFXA) in a research report report published on Monday. The firm currently has a buy rating on the technology company’s stock.

Several other research firms have also recently weighed in on IFXA. UBS AG set a €21.00 ($24.71) price objective on Infineon Technologies AG and gave the company a buy rating in a research report on Friday, September 29th. Baader Bank set a €21.50 ($25.29) price objective on Infineon Technologies AG and gave the company a buy rating in a research report on Thursday, September 21st. Goldman Sachs Group, Inc. (The) set a €21.30 ($25.06) price objective on Infineon Technologies AG and gave the company a neutral rating in a research report on Wednesday, September 20th. Berenberg Bank set a €20.00 ($23.53) price objective on Infineon Technologies AG and gave the company a buy rating in a research report on Tuesday, September 19th. Finally, J P Morgan Chase & Co set a €21.50 ($25.29) price objective on Infineon Technologies AG and gave the company a buy rating in a research report on Monday, September 18th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have given a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of €19.37 ($22.79).

Shares of Infineon Technologies AG (IFXA) opened at 21.731 on Monday. The company has a market cap of €24.53 billion and a price-to-earnings ratio of 29.486. The company’s 50 day moving average price is €20.09 and its 200 day moving average price is €19.22. Infineon Technologies AG has a 12 month low of €14.86 and a 12 month high of €21.97.

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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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