Berenberg Bank set a €15.00 ($16.67) price objective on Infineon Technologies AG (ETR:IFXA) in a report published on Monday morning. The firm currently has a a buy rating on the stock.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

A number of other research analysts have also issued reports on IFXA. Barclays PLC set a €13.50 ($15.00) price target on shares of Infineon Technologies AG and gave the company a neutral rating in a research note on Wednesday, July 6th. Sanford C. Bernstein set a €17.00 ($18.89) price objective on shares of Infineon Technologies AG and gave the stock a buy rating in a research note on Tuesday, July 5th. Morgan Stanley set a €9.00 ($10.00) price target on shares of Infineon Technologies AG and gave the company a sell rating in a research report on Wednesday, August 10th. Commerzbank AG set a €16.50 ($18.33) price target on shares of Infineon Technologies AG and gave the company a buy rating in a research report on Friday, July 15th. Finally, Kepler Capital Markets set a €11.40 ($12.67) price target on shares of Infineon Technologies AG and gave the company a neutral rating in a research report on Wednesday, June 29th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of €14.35 ($15.95).

Infineon Technologies AG (ETR:IFXA) opened at 15.547 on Monday. The stock’s 50 day moving average is €14.84 and its 200 day moving average is €13.23. The stock has a market cap of €17.51 billion and a PE ratio of 20.565. Infineon Technologies AG has a 52 week low of €9.27 and a 52 week high of €15.55.

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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