Morgan Stanley Reiterates “€11.00” Price Target for Infineon Technologies AG (IFXA)

Morgan Stanley set a €11.00 ($12.94) price target on Infineon Technologies AG (ETR:IFXA) in a research report sent to investors on Friday. The brokerage currently has a sell rating on the technology company’s stock.

Other research analysts have also recently issued reports about the company. UBS AG set a €21.50 ($25.29) price target on Infineon Technologies AG and gave the company a neutral rating in a research report on Thursday, June 8th. Kepler Capital Markets set a €21.50 ($25.29) price target on Infineon Technologies AG and gave the company a buy rating in a research report on Wednesday, August 2nd. Deutsche Bank AG reiterated a buy rating on shares of Infineon Technologies AG in a research report on Friday, June 30th. Independent Research GmbH set a €19.50 ($22.94) price target on Infineon Technologies AG and gave the company a neutral rating in a research report on Tuesday, August 1st. Finally, Barclays PLC set a €17.20 ($20.24) price target on Infineon Technologies AG and gave the company a neutral rating in a research report on Wednesday, August 2nd. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the company. The company presently has an average rating of Hold and an average target price of €19.43 ($22.86).

Shares of Infineon Technologies AG (IFXA) opened at 21.507 on Friday. Infineon Technologies AG has a 12-month low of €14.86 and a 12-month high of €21.97. The stock has a market capitalization of €24.28 billion and a price-to-earnings ratio of 29.182. The company has a 50-day moving average of €20.20 and a 200 day moving average of €19.28.

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Other research analysts have also recently issued reports about the company. UBS AG set a €21.50 ($25.29) price target on Infineon Technologies AG and gave the company a neutral rating in a research report on Thursday, June 8th. Kepler Capital Markets set a €21.50 ($25.29) price target on Infineon Technologies AG and gave the company a buy rating in a research report on Wednesday, August 2nd. Deutsche Bank AG reiterated a buy rating on shares of Infineon Technologies AG in a research report on Friday, June 30th. Independent Research GmbH set a €19.50 ($22.94) price target on Infineon Technologies AG and gave the company a neutral rating in a research report on Tuesday, August 1st. Finally, Barclays PLC set a €17.20 ($20.24) price target on Infineon Technologies AG and gave the company a neutral rating in a research report on Wednesday, August 2nd. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the company. The company presently has an average rating of Hold and an average target price of €19.43 ($22.86).

Shares of Infineon Technologies AG (IFXA) opened at 21.507 on Friday. Infineon Technologies AG has a 12-month low of €14.86 and a 12-month high of €21.97. The stock has a market capitalization of €24.28 billion and a price-to-earnings ratio of 29.182. The company has a 50-day moving average of €20.20 and a 200 day moving average of €19.28.

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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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