The Commerzbank AG Analysts Give Infineon Technologies AG (IFXA) a €18.50 Price Target

The Commerzbank AG Analysts Give Infineon Technologies AG (IFXA) a €18.50 Price Target

Commerzbank AG set a €18.50 ($19.89) target price on Infineon Technologies AG (ETR:IFXA) in a research report report published on Wednesday. The brokerage currently has a buy rating on the stock.

Other equities research analysts also recently issued reports about the stock. Nord/LB set a €14.50 ($15.59) price target on shares of Infineon Technologies AG and gave the stock a neutral rating in a report on Wednesday, August 3rd. Berenberg Bank set a €15.00 ($16.13) price target on shares of Infineon Technologies AG and gave the stock a buy rating in a report on Wednesday, August 3rd. Deutsche Bank AG set a €15.70 ($16.88) price target on shares of Infineon Technologies AG and gave the stock a buy rating in a report on Wednesday, August 3rd. Goldman Sachs Group Inc. set a €12.20 ($13.12) price target on shares of Infineon Technologies AG and gave the stock a neutral rating in a report on Wednesday, August 3rd. Finally, Barclays PLC set a €13.50 ($14.52) price target on shares of Infineon Technologies AG and gave the stock a neutral rating in a report on Wednesday, August 3rd. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of €15.76 ($16.95).

Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.727 on Wednesday. Infineon Technologies AG has a 52 week low of €10.23 and a 52 week high of €17.08. The stock has a market capitalization of €17.71 billion and a P/E ratio of 20.803. The company’s 50-day moving average is €15.87 and its 200 day moving average is €14.38.

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