Infineon Technologies AG (IFXA) Given a €20.00 Price Target at Baader Bank

Baader Bank set a €20.00 ($22.47) target price on Infineon Technologies AG (ETR:IFXA) in a research report report published on Wednesday morning. The firm currently has a buy rating on the technology company’s stock.

Several other research firms have also issued reports on IFXA. Oddo Securities set a €13.00 ($14.61) price target on Infineon Technologies AG and gave the company a sell rating in a report on Friday, February 3rd. Deutsche Bank AG set a €21.00 ($23.60) price target on Infineon Technologies AG and gave the company a buy rating in a report on Friday, February 3rd. Goldman Sachs Group Inc set a €19.00 ($21.35) price target on Infineon Technologies AG and gave the company a neutral rating in a report on Friday, February 3rd. Barclays PLC set a €15.75 ($17.70) price target on Infineon Technologies AG and gave the company a neutral rating in a report on Friday, February 3rd. Finally, S&P Global set a €18.50 ($20.79) price target on Infineon Technologies AG and gave the company a neutral rating in a report on Thursday, February 2nd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of €18.78 ($21.10).

Infineon Technologies AG (ETR IFXA) opened at 19.445 on Wednesday. The company has a market cap of €21.96 billion and a PE ratio of 28.850. The firm has a 50-day moving average price of €18.88 and a 200-day moving average price of €17.37. Infineon Technologies AG has a 52-week low of €12.00 and a 52-week high of €19.94.

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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.

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