Infineon Technologies AG (IFXA) PT Set at €21.50 by J P Morgan Chase & Co

Infineon Technologies AG (ETR:IFXA) has been given a €21.50 ($25.00) price target by analysts at J P Morgan Chase & Co in a research report issued on Friday, June 30th. The firm currently has a “buy” rating on the technology company’s stock.

Several other research firms have also commented on IFXA. Commerzbank Ag set a €22.00 ($25.58) target price on Infineon Technologies AG and gave the company a “buy” rating in a report on Monday, March 27th. Oddo Securities set a €17.50 ($20.35) target price on shares of Infineon Technologies AG and gave the stock a “sell” rating in a research note on Friday, March 31st. Deutsche Bank AG reaffirmed a “buy” rating on shares of Infineon Technologies AG in a report on Monday, May 22nd. UBS AG set a €19.00 ($22.09) price objective on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Monday, April 3rd. Finally, Nord/LB set a €21.00 ($24.42) target price on shares of Infineon Technologies AG and gave the stock a “buy” rating in a research note on Monday, March 27th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of €18.97 ($22.06).

Shares of Infineon Technologies AG (IFXA) traded down 0.586% on Friday, hitting €18.478. The stock had a trading volume of 202 shares. Infineon Technologies AG has a 12-month low of €13.59 and a 12-month high of €20.47. The firm has a market cap of €20.87 billion and a price-to-earnings ratio of 27.415. The stock has a 50 day moving average of €19.06 and a 200 day moving average of €18.26.

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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.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

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