Infineon Technologies AG (ETR:IFXA) has been assigned a €17.00 ($18.28) price objective by stock analysts at Independent Research GmbH in a research report issued on Wednesday. The firm presently has a “neutral” rating on the stock.

Other equities analysts have also issued reports about the stock. Morgan Stanley set a €9.00 ($9.68) price objective on shares of Infineon Technologies AG and gave the company a “sell” rating in a research report on Wednesday. Commerzbank AG set a €18.50 ($19.89) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research report on Wednesday. Baader Bank set a €16.50 ($17.74) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research report on Wednesday. Hauck & Aufhaeuser set a €12.40 ($13.33) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research report on Wednesday. Finally, Bankhaus Lampe set a €18.00 ($19.35) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research report on Wednesday. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have issued a buy rating to the company. Infineon Technologies AG presently has a consensus rating of “Hold” and an average price target of €15.12 ($16.26).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Infineon Technologies AG (ETR:IFXA) opened at 16.60 on Wednesday. The company has a market capitalization of €18.69 billion and a P/E ratio of 21.96. The firm has a 50 day moving average of €15.81 and a 200-day moving average of €14.32. Infineon Technologies AG has a 52 week low of €10.23 and a 52 week high of €16.60.

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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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