Barclays set a €15.50 ($18.02) target price on Infineon Technologies (ETR:IFXA) in a research report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the technology company’s stock.

Several other equities analysts have also commented on IFXA. Sanford C. Bernstein set a €21.00 ($24.42) price objective on Infineon Technologies and gave the company a buy rating in a research report on Tuesday. Warburg Research set a €20.60 ($23.95) price objective on Infineon Technologies and gave the company a neutral rating in a research report on Monday, September 30th. Berenberg Bank set a €21.00 ($24.42) price objective on Infineon Technologies and gave the company a buy rating in a research report on Wednesday, September 25th. Kepler Capital Markets set a €18.50 ($21.51) price objective on Infineon Technologies and gave the company a neutral rating in a research report on Wednesday. Finally, Goldman Sachs Group set a €21.00 ($24.42) price objective on Infineon Technologies and gave the company a buy rating in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of €20.64 ($23.99).

The firm has a 50 day moving average price of €19.70. Infineon Technologies has a 1 year low of €13.43 ($15.62) and a 1 year high of €19.70 ($22.91).

About Infineon Technologies

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and system solutions in Europe, the Middle East, Africa, the Asia-Pacific, Japan, and Americas. It operates in four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security.

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Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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