Infineon Technologies AG (ETR:IFXA) has been assigned a €20.00 ($21.51) price target by equities research analysts at Berenberg Bank in a report issued on Thursday. The brokerage currently has a “buy” rating on the stock.

Several other analysts have also recently weighed in on the company. Morgan Stanley set a €9.00 ($9.68) price target on Infineon Technologies AG and gave the company a “sell” rating in a report on Thursday, November 17th. Commerzbank AG set a €18.50 ($19.89) price target on Infineon Technologies AG and gave the company a “buy” rating in a report on Wednesday, October 19th. Baader Bank set a €16.50 ($17.74) price target on Infineon Technologies AG and gave the company a “buy” rating in a report on Monday, October 3rd. Bankhaus Lampe set a €18.00 ($19.35) price target on Infineon Technologies AG and gave the company a “buy” rating in a report on Wednesday, August 31st. Finally, S&P Global Inc. set a €16.00 ($17.20) price target on Infineon Technologies AG and gave the company a “neutral” rating in a report on Thursday, September 29th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the stock. Infineon Technologies AG presently has a consensus rating of “Hold” and an average price target of €15.76 ($16.95).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.727 on Thursday. The company has a 50-day moving average price of €15.87 and a 200 day moving average price of €14.38. Infineon Technologies AG has a one year low of €10.23 and a one year high of €17.08. The company has a market capitalization of €17.71 billion and a PE ratio of 20.803.

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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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