Trade Report: Today, JPMorgan Chase & Co. Reiterates €18.00 Price Target for Infineon Technologies AG (IFXA)

Today, JPMorgan Chase & Co. Reiterates €18.00 Price Target for Infineon Technologies AG (IFXA)

JPMorgan Chase & Co. set a €18.00 ($18.95) price target on Infineon Technologies AG (ETR:IFXA) in a report released on Thursday. The brokerage currently has a buy rating on the stock.

A number of other research analysts have also commented on the company. Goldman Sachs Group Inc. set a €16.60 ($17.47) price objective on Infineon Technologies AG and gave the company a neutral rating in a report on Thursday, November 24th. Berenberg Bank set a €20.00 ($21.05) price objective on Infineon Technologies AG and gave the company a buy rating in a report on Thursday, November 24th. S&P Global Inc. set a €17.00 ($17.89) price objective on Infineon Technologies AG and gave the company a neutral rating in a report on Wednesday, November 23rd. Independent Research GmbH set a €17.00 ($17.89) price objective on Infineon Technologies AG and gave the company a neutral rating in a report on Wednesday, November 23rd. Finally, Bankhaus Lampe set a €18.00 ($18.95) price objective on Infineon Technologies AG and gave the company a buy rating in a report on Wednesday, November 23rd. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of €15.80 ($16.63).

Infineon Technologies AG (ETR:IFXA) opened at 15.727 on Thursday. Infineon Technologies AG has a 12 month low of €10.23 and a 12 month high of €17.08. The stock has a market capitalization of €17.71 billion and a P/E ratio of 20.803. The firm’s 50-day moving average is €15.86 and its 200 day moving average is €14.44.

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