Credit Suisse Group AG set a €17.50 ($18.82) target price on Infineon Technologies AG (ETR:IFXA) in a research report sent to investors on Thursday. The brokerage currently has a a buy rating on the stock.

Other equities research analysts have also issued reports about the company. Goldman Sachs Group Inc. set a €12.20 ($13.12) price objective on Infineon Technologies AG and gave the company a neutral rating in a research note on Wednesday, August 3rd. Barclays PLC set a €13.50 ($14.52) price objective on Infineon Technologies AG and gave the company a neutral rating in a research note on Wednesday, August 3rd. S&P Global Inc. set a €14.00 ($15.05) price objective on Infineon Technologies AG and gave the company a neutral rating in a research note on Tuesday, August 2nd. Warburg Research set a €15.30 ($16.45) price target on Infineon Technologies AG and gave the stock a neutral rating in a research report on Tuesday, August 2nd. Finally, Bankhaus Lampe set a €13.00 ($13.98) price target on Infineon Technologies AG and gave the stock a neutral rating in a research report on Tuesday, August 2nd. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of €15.03 ($16.16).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.70 on Thursday. The company has a market cap of €17.68 billion and a P/E ratio of 20.77. The firm’s 50-day moving average price is €15.74 and its 200 day moving average price is €14.22. Infineon Technologies AG has a 52 week low of €10.23 and a 52 week high of €16.37.

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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