Trading Report: Today, Infineon Technologies AG (IFXA) Given a €17.50 Price Target by Credit Suisse Group AG Analysts

Today, Infineon Technologies AG (IFXA) Given a €17.50 Price Target by Credit Suisse Group AG Analysts

Credit Suisse Group AG set a €17.50 ($18.82) price objective on Infineon Technologies AG (ETR:IFXA) in a research note issued to investors on Thursday morning. The firm currently has a buy rating on the stock.

A number of other analysts have also recently commented on the stock. Deutsche Bank AG set a €20.00 ($21.51) target price on shares of Infineon Technologies AG and gave the stock a buy rating in a research note on Thursday. JPMorgan Chase & Co. set a €18.00 ($19.35) price target on shares of Infineon Technologies AG and gave the stock a buy rating in a research report on Thursday. Goldman Sachs Group Inc. set a €16.60 ($17.85) price target on shares of Infineon Technologies AG and gave the stock a neutral rating in a research report on Thursday. Berenberg Bank set a €20.00 ($21.51) price target on shares of Infineon Technologies AG and gave the stock a buy rating in a research report on Thursday. Finally, S&P Global Inc. set a €17.00 ($18.28) price target on shares of Infineon Technologies AG and gave the stock a neutral rating in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the stock. Infineon Technologies AG currently has an average rating of Hold and an average price target of €15.64 ($16.82).

Shares of Infineon Technologies AG (ETR:IFXA) opened at 16.173 on Thursday. The stock has a market capitalization of €18.21 billion and a price-to-earnings ratio of 21.393. The firm’s 50-day moving average is €15.86 and its 200-day moving average is €14.37. Infineon Technologies AG has a 52 week low of €10.23 and a 52 week high of €17.08.

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