Infineon Technologies AG (ETR:IFXA) has been given a €22.50 ($25.28) target price by analysts at Deutsche Bank AG in a research note issued to investors on Monday. The firm currently has a “buy” rating on the technology company’s stock.

Several other research analysts have also issued reports on the company. Baader Bank set a €20.00 ($22.47) target price on Infineon Technologies AG and gave the company a “buy” rating in a research report on Wednesday, May 31st. Commerzbank Ag set a €23.00 ($25.84) price target on Infineon Technologies AG and gave the company a “buy” rating in a report on Tuesday, May 30th. Berenberg Bank set a €20.00 ($22.47) price target on Infineon Technologies AG and gave the company a “buy” rating in a report on Monday, May 29th. Goldman Sachs Group, Inc. (The) set a €22.00 ($24.72) price target on Infineon Technologies AG and gave the company a “buy” rating in a report on Monday, May 29th. Finally, Nord/LB set a €21.00 ($23.60) price target on Infineon Technologies AG and gave the company a “buy” rating in a report on Monday, May 8th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and fifteen have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of €18.78 ($21.10).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Infineon Technologies AG (ETR:IFXA) opened at 19.574 on Monday. Infineon Technologies AG has a 12 month low of €12.00 and a 12 month high of €20.47. The stock’s 50 day moving average price is €19.27 and its 200 day moving average price is €17.61. The company has a market capitalization of €22.10 billion and a price-to-earnings ratio of 29.042.

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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.

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