Infineon Technologies AG (ETR:IFXA) has been assigned a €15.00 ($16.13) price target by equities researchers at Berenberg Bank in a research report issued on Tuesday. The brokerage presently has a a “buy” rating on the stock.

Several other analysts have also recently weighed in on IFXA. Credit Suisse Group AG set a €14.00 ($15.05) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research note on Monday, July 18th. BNP Paribas set a €13.40 ($14.41) target price on shares of Infineon Technologies AG and gave the company a “neutral” rating in a report on Monday, July 18th. HSBC set a €15.50 ($16.67) target price on shares of Infineon Technologies AG and gave the company a “buy” rating in a report on Friday, July 22nd. Commerzbank AG set a €16.50 ($17.74) target price on shares of Infineon Technologies AG and gave the company a “buy” rating in a report on Friday, July 22nd. Finally, JPMorgan Chase & Co. set a €13.80 ($14.84) target price on shares of Infineon Technologies AG and gave the company a “buy” rating in a report on Friday, July 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 stock. Infineon Technologies AG has a consensus rating of “Hold” and a consensus price target of €14.91 ($16.04).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Infineon Technologies AG (ETR:IFXA) opened at 15.855 on Tuesday. The company has a 50-day moving average of €15.72 and a 200 day moving average of €14.19. Infineon Technologies AG has a one year low of €10.23 and a one year high of €16.37. The firm has a market capitalization of €17.85 billion and a price-to-earnings ratio of 20.972.

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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