Infineon Technologies (ETR:IFXA) Given a €23.50 Price Target at UBS Group

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UBS Group set a €23.50 ($27.33) price objective on Infineon Technologies (ETR:IFXA) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.

Several other equities research analysts have also issued reports on IFXA. Barclays set a €14.50 ($16.86) price target on shares of Infineon Technologies and gave the company a sell rating in a report on Friday, October 11th. Oddo Bhf set a €15.50 ($18.02) price target on shares of Infineon Technologies and gave the company a neutral rating in a report on Thursday, October 10th. Bankhaus Lampe set a €16.50 ($19.19) price target on shares of Infineon Technologies and gave the company a neutral rating in a report on Tuesday. Kepler Capital Markets set a €18.50 ($21.51) price target on shares of Infineon Technologies and gave the company a neutral rating in a report on Thursday, November 7th. Finally, Berenberg Bank set a €21.00 ($24.42) price target on shares of Infineon Technologies and gave the company a buy rating in a report on Wednesday, September 25th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the stock. Infineon Technologies currently has a consensus rating of Hold and a consensus target price of €20.64 ($23.99).

Infineon Technologies has a 52-week low of €13.43 ($15.62) and a 52-week high of €19.70 ($22.91). The stock’s 50-day moving average is €19.70.

About Infineon Technologies

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and system solutions in Europe, the Middle East, Africa, the Asia-Pacific, Japan, and Americas. It operates in four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security.

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Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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