Deutsche Bank AG set a €16.60 ($18.44) target price on Infineon Technologies AG (ETR:IFXA) in a research report report published on Friday morning. The firm currently has a a buy rating on the stock.

Several other analysts have also commented on the stock. Oddo Securities set a €13.00 ($14.44) price target on shares of Infineon Technologies AG and gave the company a sell rating in a research report on Thursday. Bankhaus Lampe set a €18.00 ($20.00) price target on shares of Infineon Technologies AG and gave the company a buy rating in a research report on Wednesday, October 12th. Baader Bank set a €16.50 ($18.33) price target on shares of Infineon Technologies AG and gave the company a buy rating in a research report on Wednesday, October 12th. BNP Paribas set a €13.40 ($14.89) price target on shares of Infineon Technologies AG and gave the company a neutral rating in a research report on Monday, October 10th. Finally, S&P Global Inc. set a €16.00 ($17.78) price target on shares of Infineon Technologies AG and gave the company a neutral rating in a research report on Thursday, September 29th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of €14.71 ($16.35).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Infineon Technologies AG (ETR:IFXA) traded down 0.915% during mid-day trading on Friday, hitting €15.701. 215 shares of the stock were exchanged. The stock’s 50 day moving average is €15.15 and its 200 day moving average is €13.65. Infineon Technologies AG has a 52-week low of €10.23 and a 52-week high of €16.15. The stock has a market cap of €17.68 billion and a PE ratio of 20.769.

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.

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