Credit Suisse Group Analysts Give Infineon Technologies AG (IFXA) a €24.00 Price Target

Credit Suisse Group set a €24.00 ($28.24) price objective on Infineon Technologies AG (ETR:IFXA) in a report published on Tuesday morning. The firm currently has a buy rating on the technology company’s stock.

A number of other analysts have also recently commented on the company. Morgan Stanley set a €11.00 ($12.94) target price on Infineon Technologies AG and gave the stock a sell rating in a research report on Friday, October 6th. BNP Paribas reiterated a sell rating on shares of Infineon Technologies AG in a research report on Friday, July 21st. Bank of America Corporation set a €29.00 ($34.12) target price on Infineon Technologies AG and gave the stock a buy rating in a research report on Tuesday, October 17th. Baader Bank set a €20.00 ($23.53) target price on Infineon Technologies AG and gave the stock a buy rating in a research report on Friday, June 30th. Finally, Citigroup Inc. set a €21.25 ($25.00) target price on Infineon Technologies AG and gave the stock a buy rating in a research report on Friday, September 8th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the company. Infineon Technologies AG has an average rating of Hold and an average target price of €20.03 ($23.56).



Shares of Infineon Technologies AG (ETR:IFXA) opened at 23.459 on Tuesday. The firm’s 50-day moving average price is €21.32 and its 200 day moving average price is €19.60. Infineon Technologies AG has a 1-year low of €14.86 and a 1-year high of €23.46. The stock has a market cap of €26.49 billion and a P/E ratio of 31.830.

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About Infineon Technologies AG

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.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

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