BNP Paribas set a €13.40 ($14.89) price target on Infineon Technologies AG (ETR:IFXA) in a research report released on Monday. The firm currently has a a neutral rating on the stock.

Several other equities analysts also recently issued reports on IFXA. Kepler Capital Markets set a €12.50 ($13.89) price objective on shares of Infineon Technologies AG and gave the company a neutral rating in a research note on Tuesday, June 21st. Sanford C. Bernstein set a €17.00 ($18.89) target price on shares of Infineon Technologies AG and gave the stock a buy rating in a research note on Wednesday, June 22nd. Deutsche Bank AG set a €14.50 ($16.11) target price on shares of Infineon Technologies AG and gave the stock a buy rating in a research note on Thursday, June 23rd. Independent Research GmbH set a €15.70 ($17.44) target price on shares of Infineon Technologies AG and gave the stock a buy rating in a research note on Thursday, June 23rd. Finally, Goldman Sachs Group Inc. set a €12.20 ($13.56) target price on shares of Infineon Technologies AG and gave the stock a neutral rating in a research note on Tuesday, June 28th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have issued a buy rating to the stock. Infineon Technologies AG currently has a consensus rating of Hold and an average price target of €14.67 ($16.30).

Shares of Infineon Technologies AG (ETR:IFXA) opened at 16.049 on Monday. Infineon Technologies AG has a 12-month low of €10.21 and a 12-month high of €16.15. The company has a 50-day moving average price of €15.09 and a 200 day moving average price of €13.57. The firm has a market capitalization of €18.07 billion and a PE ratio of 21.229.

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.

Receive News & Stock 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 stocks with our FREE daily email newsletter.