Infineon Technologies AG (ETR:IFXA) received a €16.00 ($16.84) target price from research analysts at Warburg Research in a note issued to investors on Tuesday. The brokerage currently has a “neutral” rating on the stock.

A number of other research analysts have also weighed in on IFXA. Baader Bank set a €14.50 ($15.26) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Tuesday, August 2nd. Hauck & Aufhaeuser set a €12.40 ($13.05) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research note on Tuesday, August 2nd. Bankhaus Lampe set a €13.00 ($13.68) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research note on Tuesday, August 2nd. S&P Global Inc. set a €14.00 ($14.74) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research note on Tuesday, August 2nd. Finally, Commerzbank AG set a €16.50 ($17.37) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Tuesday, August 2nd. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the stock. Infineon Technologies AG has a consensus rating of “Hold” and a consensus price target of €15.80 ($16.63).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Infineon Technologies AG (ETR:IFXA) opened at 15.727 on Tuesday. The company has a market capitalization of €17.71 billion and a PE ratio of 20.803. Infineon Technologies AG has a 52 week low of €10.23 and a 52 week high of €17.08. The stock has a 50 day moving average price of €15.86 and a 200-day moving average price of €14.44.

ILLEGAL ACTIVITY NOTICE: “Warburg Research Reiterates “€16.00” Price Target for Infineon Technologies AG (IFXA)” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece on another site, it was illegally copied and republished in violation of US and international copyright and trademark laws. The correct version of this piece can be viewed at https://www.thecerbatgem.com/2016/11/29/warburg-research-reiterates-16-00-price-target-for-infineon-technologies-ag-ifxa.html.

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.

Receive News & Stock Ratings for Infineon Technologies AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies AG and related stocks with our FREE daily email newsletter.