Deutsche Bank AG set a €20.00 ($21.51) target price on Infineon Technologies AG (ETR:IFXA) in a report released on Thursday morning. The firm currently has a buy rating on the stock.

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

Infineon Technologies AG (ETR:IFXA) opened at 16.173 on Thursday. The firm has a market capitalization of €18.21 billion and a price-to-earnings ratio of 21.393. The firm’s 50-day moving average price is €15.86 and its 200 day moving average price is €14.37. Infineon Technologies AG has a 1-year low of €10.23 and a 1-year 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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