Commerzbank AG set a €18.50 ($19.89) price target on Infineon Technologies AG (ETR:IFXA) in a report issued on Wednesday. The brokerage currently has a buy rating on the stock.

A number of other equities analysts also recently weighed in on IFXA. Oddo Securities set a €13.00 ($13.98) target price on shares of Infineon Technologies AG and gave the company a neutral rating in a research note on Wednesday, August 3rd. Bankhaus Lampe set a €13.00 ($13.98) target price on shares of Infineon Technologies AG and gave the company a neutral rating in a research note on Tuesday, August 2nd. Credit Suisse Group AG set a €15.00 ($16.13) target price on shares of Infineon Technologies AG and gave the company a buy rating in a research note on Friday, September 9th. S&P Global Inc. set a €14.00 ($15.05) target price on shares of Infineon Technologies AG and gave the company a neutral rating in a research note on Tuesday, August 2nd. Finally, JPMorgan Chase & Co. set a €16.00 ($17.20) target price on shares of Infineon Technologies AG and gave the company a buy rating in a research note on Thursday, August 4th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of €15.56 ($16.73).

Shares of Infineon Technologies AG (ETR:IFXA) opened at 16.905 on Wednesday. The company has a 50 day moving average of €15.84 and a 200-day moving average of €14.35. The company has a market cap 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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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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