Infineon Technologies AG (ETR:IFXA) has been given a €21.00 ($24.71) price objective by analysts at Sanford C. Bernstein in a report released on Wednesday. The firm presently has a “buy” rating on the technology company’s stock.

A number of other analysts have also recently commented on the company. J P Morgan Chase & Co set a €21.50 ($25.29) price target on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Friday, May 5th. Goldman Sachs Group, Inc. (The) set a €19.00 ($22.35) price target on Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Friday, May 5th. Barclays PLC set a €17.20 ($20.24) price target on Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Friday, May 5th. Citigroup Inc. set a €21.50 ($25.29) price target on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Friday, May 5th. Finally, Warburg Research set a €18.00 ($21.18) price target on Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Thursday, May 4th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of €19.18 ($22.57).

Infineon Technologies AG (ETR IFXA) opened at 18.97 on Wednesday. Infineon Technologies AG has a 12-month low of €13.73 and a 12-month high of €20.47. The company has a market cap of €21.42 billion and a price-to-earnings ratio of 25.74. The stock has a 50 day moving average price of €18.86 and a 200-day moving average price of €18.41.

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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.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

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