Kepler Capital Markets set a €12.20 ($13.12) price objective on Infineon Technologies AG (ETR:IFXA) in a research note released on Wednesday morning. The firm currently has a neutral rating on the stock.

Several other equities research analysts have also commented on IFXA. Commerzbank AG set a €18.50 ($19.89) price objective on shares of Infineon Technologies AG and gave the stock a buy rating in a research report on Wednesday. Morgan Stanley set a €9.00 ($9.68) price objective on shares of Infineon Technologies AG and gave the stock a sell rating in a research report on Wednesday. Oddo Securities set a €13.00 ($13.98) price objective on shares of Infineon Technologies AG and gave the stock a sell rating in a research report on Friday, November 18th. Goldman Sachs Group Inc. set a €16.60 ($17.85) price objective on shares of Infineon Technologies AG and gave the stock a neutral rating in a research report on Friday, November 18th. Finally, Credit Suisse Group AG set a €17.50 ($18.82) price objective on shares of Infineon Technologies AG and gave the stock a buy rating in a research report on Thursday, November 17th. Two 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. The company presently has an average rating of Hold and an average target price of €15.56 ($16.73).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Shares of Infineon Technologies AG (ETR:IFXA) opened at 16.905 on Wednesday. The firm’s 50 day moving average is €15.84 and its 200-day moving average is €14.35. The firm has a market capitalization of €19.04 billion and a PE ratio of 22.361. Infineon Technologies AG has a 12 month low of €10.23 and a 12 month high of €17.08.

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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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