Credit Suisse Group set a €22.00 ($25.58) price objective on Infineon Technologies (ETR:IFXA) in a report published on Wednesday morning. The firm currently has a buy rating on the technology company’s stock.
A number of other research analysts have also recently weighed in on IFXA. UBS Group set a €28.00 ($32.56) price target on Infineon Technologies and gave the company a buy rating in a research report on Friday, August 17th. Goldman Sachs Group set a €30.40 ($35.35) price target on Infineon Technologies and gave the company a buy rating in a research report on Monday, August 20th. JPMorgan Chase & Co. set a €25.50 ($29.65) price target on Infineon Technologies and gave the company a buy rating in a research report on Monday, September 17th. DZ Bank restated a buy rating on shares of Infineon Technologies in a research report on Thursday, September 27th. Finally, Deutsche Bank set a €30.00 ($34.88) price objective on Infineon Technologies and gave the stock a buy rating in a research report on Tuesday, October 2nd. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and sixteen have issued a buy rating to the company’s stock. Infineon Technologies currently has a consensus rating of Buy and an average target price of €24.33 ($28.29).
Infineon Technologies has a 52-week low of €13.43 ($15.62) and a 52-week high of €20.42 ($23.74).
Infineon Technologies Company Profile
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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