Infineon Technologies AG (ETR:IFXA) has been given a €22.00 ($24.72) price target by analysts at Goldman Sachs Group Inc in a report issued on Monday, May 15th. The brokerage presently has a “buy” rating on the technology company’s stock.
IFXA has been the subject of a number of other reports. Commerzbank Ag set a €22.00 ($24.72) price objective on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research note on Monday, March 27th. Oddo Securities set a €17.50 ($19.66) price target on shares of Infineon Technologies AG and gave the stock a “sell” rating in a research note on Friday, March 31st. Independent Research GmbH set a €18.00 ($20.22) price target on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Monday, February 20th. Barclays PLC set a €15.75 ($17.70) price target on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Friday, February 3rd. Finally, Nord/LB set a €21.00 ($23.60) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a report on Monday, March 27th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of €18.73 ($21.05).
Shares of Infineon Technologies AG (ETR:IFXA) traded up 0.118% on Monday, reaching €19.584. The company had a trading volume of 125 shares. The company has a market capitalization of €22.11 billion and a PE ratio of 29.056. The company’s 50-day moving average is €18.79 and its 200-day moving average is €17.23. Infineon Technologies AG has a one year low of €12.00 and a one year high of €19.65.
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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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