The Deutsche Bank AG Reiterates €22.50 Price Target for Infineon Technologies AG (IFXA)

The Deutsche Bank AG Reiterates €22.50 Price Target for Infineon Technologies AG (IFXA)

A number of other equities research analysts also recently commented on IFXA. JPMorgan Chase & Co. set a €18.00 ($20.22) price target on shares of Infineon Technologies AG and gave the stock a buy rating in a report on Tuesday, January 31st. Citigroup Inc set a €18.50 ($20.79) price target on shares of Infineon Technologies AG and gave the stock a buy rating in a report on Tuesday, January 31st. Morgan Stanley set a €9.50 ($10.67) price target on shares of Infineon Technologies AG and gave the stock a sell rating in a report on Thursday, February 2nd. Warburg Research set a €16.00 ($17.98) price target on shares of Infineon Technologies AG and gave the stock a neutral rating in a report on Thursday, February 2nd. Finally, Commerzbank Ag set a €18.50 ($20.79) price target on shares of Infineon Technologies AG and gave the stock a buy rating in a report on Thursday, February 2nd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and fifteen have assigned a buy rating to the stock. Infineon Technologies AG currently has an average rating of Buy and an average price target of €18.78 ($21.10).

Deutsche Bank AG set a €22.50 ($25.28) target price on Infineon Technologies AG (ETR:IFXA) in a report published on Wednesday. The firm currently has a buy rating on the technology company’s stock.

Infineon Technologies AG (IFXA) opened at 20.008 on Wednesday. Infineon Technologies AG has a 52-week low of €12.00 and a 52-week high of €20.01. The firm has a market capitalization of €22.59 billion and a price-to-earnings ratio of 29.685. The company’s 50-day moving average is €18.96 and its 200-day moving average is €17.40. 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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