BNP Paribas set a €15.30 ($16.45) price objective on Infineon Technologies AG (ETR:IFXA) in a report released on Thursday morning. The brokerage currently has a neutral rating on the stock.

Other research analysts have also issued reports about the company. Independent Research GmbH set a €17.00 ($18.28) target price on Infineon Technologies AG and gave the company a neutral rating in a research note on Wednesday. Goldman Sachs Group Inc. set a €16.60 ($17.85) target price on Infineon Technologies AG and gave the company a neutral rating in a research note on Thursday. JPMorgan Chase & Co. set a €18.00 ($19.35) target price on Infineon Technologies AG and gave the company a buy rating in a research note on Thursday. Deutsche Bank AG set a €20.00 ($21.51) target price on Infineon Technologies AG and gave the company a buy rating in a research note on Thursday. Finally, Berenberg Bank set a €20.00 ($21.51) target price on Infineon Technologies AG and gave the company a buy rating in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of €15.64 ($16.82).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Shares of Infineon Technologies AG (ETR:IFXA) opened at 16.173 on Thursday. The firm has a market cap of €18.21 billion and a P/E ratio of 21.393. The company has a 50-day moving average of €15.86 and a 200 day moving average of €14.37. 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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