Berenberg Bank set a €15.00 ($16.67) price target on Infineon Technologies AG (ETR:IFXA) in a research report sent to investors on Monday. The brokerage currently has a a buy rating on the stock.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

IFXA has been the subject of several other reports. 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 report on Wednesday, June 1st. Bankhaus Lampe set a €13.00 ($14.44) price objective on shares of Infineon Technologies AG and gave the stock a neutral rating in a report on Wednesday, June 1st. Oddo Securities set a €13.00 ($14.44) price objective on shares of Infineon Technologies AG and gave the stock a neutral rating in a report on Wednesday, August 3rd. Credit Suisse Group AG set a €15.00 ($16.67) price objective on shares of Infineon Technologies AG and gave the stock a buy rating in a report on Friday, September 9th. Finally, S&P Global Inc. set a €14.00 ($15.56) price objective on shares of Infineon Technologies AG and gave the stock a neutral rating in a report on Tuesday, August 2nd. Two analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company. The company currently 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. Infineon Technologies AG has a 12-month low of €9.27 and a 12-month high of €15.55. The company has a market capitalization of €17.51 billion and a price-to-earnings ratio of 20.565. The stock has a 50 day moving average price of €14.84 and a 200 day moving average price of €13.23.

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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