Infineon Technologies (ETR:IFXA) has been given a €21.00 ($24.42) price objective by analysts at Sanford C. Bernstein in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the technology company’s stock.
A number of other equities research analysts also recently weighed in on the stock. Goldman Sachs Group set a €21.00 ($24.42) price target on shares of Infineon Technologies and gave the stock a “buy” rating in a research note on Tuesday. Barclays set a €14.50 ($16.86) price target on shares of Infineon Technologies and gave the stock a “sell” rating in a research note on Friday, October 11th. Deutsche Bank set a €22.00 ($25.58) price target on shares of Infineon Technologies and gave the stock a “buy” rating in a research note on Thursday, October 10th. DZ Bank reiterated a “neutral” rating on shares of Infineon Technologies in a research note on Thursday, August 1st. Finally, Berenberg Bank set a €21.00 ($24.42) price target on shares of Infineon Technologies and gave the stock a “buy” rating in a research note on Wednesday, September 25th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the stock. The company has an average rating of “Hold” and an average 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 fifty day simple 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.
Featured Article: What is Put Option Volume?
Receive News & Ratings for Infineon Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies and related companies with MarketBeat.com's FREE daily email newsletter.