Todays Report: The Independent Research GmbH Analysts Give Infineon Technologies AG (IFXA) a €17.00 Price Target

The Independent Research GmbH Analysts Give Infineon Technologies AG (IFXA) a €17.00 Price Target

Independent Research GmbH set a €17.00 ($18.28) price objective on Infineon Technologies AG (ETR:IFXA) in a research report sent to investors on Wednesday. The firm currently has a neutral rating on the stock.

Several other equities analysts have also recently commented on the company. Bankhaus Lampe set a €18.00 ($19.35) target price on Infineon Technologies AG and gave the stock a buy rating in a research report on Wednesday, November 23rd. Hauck & Aufhaeuser set a €12.40 ($13.33) target price on Infineon Technologies AG and gave the stock a neutral rating in a research report on Wednesday, November 23rd. Warburg Research set a €15.30 ($16.45) target price on Infineon Technologies AG and gave the stock a neutral rating in a research report on Wednesday, November 23rd. Baader Bank set a €16.50 ($17.74) target price on Infineon Technologies AG and gave the stock a buy rating in a research report on Wednesday, November 23rd. Finally, Kepler Capital Markets set a €12.20 ($13.12) target price on Infineon Technologies AG and gave the stock a neutral rating in a research report on Wednesday, November 23rd. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the company. Infineon Technologies AG presently has an average rating of Hold and a consensus target price of €15.76 ($16.95).

Shares of Infineon Technologies AG (ETR:IFXA) opened at 15.727 on Wednesday. The company has a market capitalization of €17.71 billion and a P/E ratio of 20.803. The firm has a 50-day moving average price of €15.87 and a 200-day moving average price of €14.38. Infineon Technologies AG has a one year low of €10.23 and a one year high of €17.08.

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