S&P Global Inc. set a €17.00 ($18.28) price target on Infineon Technologies AG (ETR:IFXA) in a research note published on Wednesday. The brokerage currently has a neutral rating on the stock.

A number of other equities analysts have also recently weighed in on IFXA. BNP Paribas set a €13.40 ($14.41) price target on Infineon Technologies AG and gave the stock a neutral rating in a research note on Wednesday, July 27th. JPMorgan Chase & Co. set a €13.80 ($14.84) target price on Infineon Technologies AG and gave the company a buy rating in a research note on Friday, July 29th. Baader Bank set a €14.50 ($15.59) target price on Infineon Technologies AG and gave the company a buy rating in a research note on Tuesday, August 2nd. Hauck & Aufhaeuser set a €12.40 ($13.33) target price on Infineon Technologies AG and gave the company a neutral rating in a research note on Tuesday, August 2nd. Finally, Bankhaus Lampe set a €13.00 ($13.98) target price on Infineon Technologies AG and gave the company a neutral rating in a research note on Tuesday, August 2nd. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the company. The company currently has an average rating of Hold and an average price target 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 has a market cap of €19.04 billion and a P/E ratio of 22.361. Infineon Technologies AG has a 12 month low of €10.23 and a 12 month high of €17.08. The firm has a 50-day moving average of €15.84 and a 200 day moving average of €14.35.

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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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