Infineon Technologies AG (IFXA) Given a €23.00 Price Target by Commerzbank Ag Analysts

Infineon Technologies AG (IFXA) Given a €23.00 Price Target by Commerzbank Ag Analysts

A number of other equities research analysts also recently issued reports on IFXA. JPMorgan Chase & Co. set a €18.00 ($20.22) price objective on Infineon Technologies AG and gave the company a “buy” rating in a research report on Tuesday, January 31st. Citigroup Inc set a €18.50 ($20.79) price objective on Infineon Technologies AG and gave the company a “buy” rating in a research report on Tuesday, January 31st. Morgan Stanley set a €9.50 ($10.67) price objective on Infineon Technologies AG and gave the company a “sell” rating in a research report on Thursday, February 2nd. Warburg Research set a €16.00 ($17.98) price objective on Infineon Technologies AG and gave the company a “neutral” rating in a research report on Thursday, February 2nd. Finally, Kepler Capital Markets set a €15.50 ($17.42) target price on Infineon Technologies AG and gave the company a “neutral” rating in a research note on Thursday, February 2nd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and fifteen have given a buy rating to the company’s stock. Infineon Technologies AG has a consensus rating of “Buy” and an average price target of €18.78 ($21.10).

Infineon Technologies AG (ETR:IFXA) has been given a €23.00 ($25.84) price target by equities research analysts at Commerzbank Ag in a research note issued to investors on Tuesday. The firm presently has a “buy” rating on the technology company’s stock.

Infineon Technologies AG (IFXA) opened at 19.445 on Tuesday. The firm has a market capitalization of €21.96 billion and a price-to-earnings ratio of 28.850. Infineon Technologies AG has a 12 month low of €12.00 and a 12 month high of €19.94. The stock’s 50 day moving average price is €18.88 and its 200-day moving average price is €17.37.

About Infineon Technologies AG

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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