Infineon Technologies AG (IFXA) Given a €21.30 Price Target by Goldman Sachs Group, Inc. (The) Analysts

Infineon Technologies AG (ETR:IFXA) has been given a €21.30 ($25.06) price objective by research analysts at Goldman Sachs Group, Inc. (The) in a note issued to investors on Wednesday. The firm currently has a “neutral” rating on the technology company’s stock.

Several other research analysts also recently commented on the company. Morgan Stanley set a €11.00 ($12.94) price target on Infineon Technologies AG and gave the stock a “sell” rating in a research report on Friday, October 6th. Independent Research GmbH set a €22.00 ($25.88) price target on Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Monday, October 2nd. Kepler Capital Markets set a €22.50 ($26.47) price target on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Monday, October 2nd. UBS AG set a €21.00 ($24.71) price target on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Friday, September 29th. Finally, Baader Bank set a €21.50 ($25.29) price target on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Thursday, September 21st. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of €19.43 ($22.86).

Infineon Technologies AG (IFXA) opened at 21.561 on Wednesday. The stock has a market capitalization of €24.34 billion and a PE ratio of 29.255. The stock’s 50 day moving average price is €20.39 and its 200 day moving average price is €19.35. Infineon Technologies AG has a 1-year low of €14.86 and a 1-year high of €21.97.

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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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