Infineon Technologies AG (ETR:IFXA) received a €18.50 ($20.33) target price from equities researchers at Commerzbank AG in a report issued on Wednesday. The firm presently has a a “buy” rating on the stock.

Several other brokerages have also weighed in on IFXA. Kepler Capital Markets set a €12.50 ($13.74) price objective on Infineon Technologies AG and gave the company a “neutral” rating in a report on Tuesday, June 21st. Sanford C. Bernstein set a €17.00 ($18.68) price objective on Infineon Technologies AG and gave the company a “buy” rating in a report on Wednesday, June 22nd. Deutsche Bank AG set a €14.50 ($15.93) price objective on Infineon Technologies AG and gave the company a “buy” rating in a report on Thursday, June 23rd. Independent Research GmbH set a €15.70 ($17.25) price objective on Infineon Technologies AG and gave the company a “buy” rating in a report on Thursday, June 23rd. Finally, BNP Paribas set a €13.10 ($14.40) price objective on Infineon Technologies AG and gave the company a “neutral” rating in a report on Monday, June 27th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of €14.91 ($16.39).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.849 on Wednesday. The firm has a market capitalization of €17.85 billion and a PE ratio of 20.964. Infineon Technologies AG has a 12-month low of €10.23 and a 12-month high of €16.15. The stock has a 50 day moving average price of €15.19 and a 200 day moving average price of €13.72.

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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