Infineon Technologies AG (ETR:IFXA) has been assigned a €14.50 ($15.26) price objective by investment analysts at Nord/LB in a report released on Wednesday. The firm currently has a “neutral” rating on the stock.

IFXA has been the topic of a number of other reports. Commerzbank AG set a €18.50 ($19.47) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Tuesday, October 25th. Oddo Securities set a €13.00 ($13.68) price objective on shares of Infineon Technologies AG and gave the company a “sell” rating in a research note on Monday, September 5th. Berenberg Bank set a €15.00 ($15.79) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a research note on Monday, September 19th. Baader Bank 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 Monday, October 3rd. Finally, BNP Paribas set a €13.40 ($14.11) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a research note on Monday, August 22nd. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of €15.92 ($16.75).

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Infineon Technologies AG (ETR:IFXA) traded down 1.456% on Wednesday, hitting €15.767. 1,250 shares of the stock traded hands. The stock has a 50 day moving average of €15.86 and a 200 day moving average of €14.44. Infineon Technologies AG has a 52 week low of €10.23 and a 52 week high of €17.08. The firm has a market capitalization of €17.75 billion and a PE ratio of 23.853.

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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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