J P Morgan Chase & Co Analysts Give Infineon Technologies AG (IFXA) a €21.50 Price Target

J P Morgan Chase & Co set a €21.50 ($25.60) price target on Infineon Technologies AG (ETR:IFXA) in a research report released on Monday. The firm currently has a buy rating on the technology company’s stock.

Other analysts have also issued reports about the stock. UBS AG set a €21.50 ($25.60) price target on shares of Infineon Technologies AG and gave the company a neutral rating in a research report on Thursday, June 8th. Kepler Capital Markets set a €21.50 ($25.60) price target on shares of Infineon Technologies AG and gave the company a buy rating in a research report on Wednesday, August 2nd. Deutsche Bank AG reiterated a buy rating on shares of Infineon Technologies AG in a research report on Friday, June 30th. Independent Research GmbH set a €19.50 ($23.21) price target on shares of Infineon Technologies AG and gave the company a neutral rating in a research report on Tuesday, August 1st. Finally, Barclays PLC set a €17.20 ($20.48) price target on shares of Infineon Technologies AG and gave the company a neutral rating in a research report on Wednesday, August 2nd. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of €19.24 ($22.90).

Infineon Technologies AG (IFXA) opened at 20.64 on Monday. The stock’s 50 day moving average price is €19.34 and its 200 day moving average price is €18.91. The firm has a market capitalization of €23.30 billion and a PE ratio of 28.67. Infineon Technologies AG has a one year low of €14.86 and a one year high of €20.89.

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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.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

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