Infineon Technologies AG (ETR:IFXA) has been assigned a €13.00 ($13.98) price objective by investment analysts at Oddo Securities in a research note issued on Thursday. The brokerage currently has a “sell” rating on the stock.

A number of other research analysts also recently issued reports on IFXA. Berenberg Bank set a €20.00 ($21.51) price target on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. set a €18.00 ($19.35) target price on shares of Infineon Technologies AG and gave the company a “buy” rating in a research report on Thursday. Commerzbank AG set a €18.50 ($19.89) target price on shares of Infineon Technologies AG and gave the company a “buy” rating in a research report on Wednesday. Barclays PLC set a €14.75 ($15.86) target price on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research report on Thursday. Finally, 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 report on Tuesday, August 2nd. Two equities research 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. The stock currently has a consensus 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 Thursday. The firm has a market cap of €19.04 billion and a PE ratio of 22.361. The firm has a 50-day moving average of €15.84 and a 200-day moving average of €14.35. Infineon Technologies AG has a 52 week low of €10.23 and a 52 week 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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