Infineon Technologies AG (ETR:IFXA) has been given a €18.00 ($19.35) price target by equities researchers at JPMorgan Chase & Co. in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock.

IFXA has been the subject of several other reports. 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 Tuesday, October 25th. Oddo Securities set a €13.00 ($13.98) price objective on shares of Infineon Technologies AG and gave the company a “sell” rating in a research report on Monday, September 5th. Berenberg Bank set a €15.00 ($16.13) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research report on Monday, September 19th. 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 Monday, October 3rd. Finally, BNP Paribas set a €13.40 ($14.41) price target on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a report on Monday, August 22nd. Two equities research 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 presently has a consensus rating of “Hold” and a consensus price target of €15.50 ($16.67).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Infineon Technologies AG (ETR:IFXA) opened at 16.905 on Thursday. Infineon Technologies AG has a one year low of €10.23 and a one year high of €17.08. The firm’s 50-day moving average is €15.84 and its 200 day moving average is €14.35. The stock has a market cap of €19.04 billion and a P/E ratio of 22.361.

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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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