Infineon Technologies AG (ETR:IFXA) has been assigned a €9.50 ($10.80) target price by Morgan Stanley in a note issued to investors on Monday. The firm currently has a “sell” rating on the technology company’s stock.

A number of other equities analysts also recently weighed in on IFXA. UBS AG set a €18.00 ($20.45) target price on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a report on Monday, March 27th. Goldman Sachs Group, Inc. (The) set a €22.00 ($25.00) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Tuesday, July 4th. Oddo Securities set a €17.50 ($19.89) target price on shares of Infineon Technologies AG and gave the stock a “sell” rating in a report on Friday, March 31st. Barclays PLC set a €17.20 ($19.55) target price on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a report on Friday, July 7th. Finally, Deutsche Bank AG restated a “buy” rating on shares of Infineon Technologies AG in a report on Friday, June 30th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of €18.97 ($21.56).

Infineon Technologies AG (IFXA) opened at 19.424 on Monday. Infineon Technologies AG has a 52 week low of €12.01 and a 52 week high of €20.47. The firm has a market cap of €21.93 billion and a price-to-earnings ratio of 28.819. The stock’s 50 day moving average is €19.48 and its 200 day moving average is €17.91.

COPYRIGHT VIOLATION NOTICE: This article was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/07/17/infineon-technologies-ag-ifxa-pt-set-at-9-50-by-morgan-stanley.html.

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.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

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.