Goldman Sachs Group, Inc. (The) Analysts Give Infineon Technologies AG (IFXA) a €21.30 Price Target
Goldman Sachs Group, Inc. (The) set a €21.30 ($25.36) price target on Infineon Technologies AG (ETR:IFXA) in a research report report published on Thursday morning. The firm currently has a neutral rating on the technology company’s stock.
Other equities research analysts have also recently issued reports about the company. UBS AG set a €21.50 ($25.60) price objective on Infineon Technologies AG and gave the company a neutral rating in a research report on Thursday, June 8th. Kepler Capital Markets set a €21.50 ($25.60) price objective on Infineon Technologies AG and gave the company a buy rating in a research report on Wednesday, August 2nd. Deutsche Bank AG reaffirmed a buy rating on shares of Infineon Technologies AG in a research report on Friday, June 30th. Independent Research GmbH set a €19.50 ($23.21) price objective on Infineon Technologies AG and gave the company a neutral rating in a research report on Tuesday, August 1st. Finally, Barclays PLC set a €17.20 ($20.48) price objective on Infineon Technologies AG and gave the company a neutral rating in a research report on Wednesday, August 2nd. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the stock. The company has an average rating of Hold and a consensus price target of €19.24 ($22.90).
Shares of Infineon Technologies AG (ETR:IFXA) opened at 20.434 on Thursday. Infineon Technologies AG has a 1-year low of €14.58 and a 1-year high of €20.68. The company has a market capitalization of €23.07 billion and a PE ratio of 28.381. The stock’s 50 day moving average price is €19.22 and its 200-day moving average price is €18.83.
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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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