Infineon Technologies (ETR:IFXA) received a €29.00 ($34.52) price objective from stock analysts at Commerzbank in a report issued on Wednesday. The brokerage presently has a “buy” rating on the technology company’s stock.
Other equities research analysts have also recently issued reports about the stock. Morgan Stanley set a €11.00 ($13.10) price target on shares of Infineon Technologies and gave the company a “sell” rating in a research report on Friday, October 6th. Deutsche Bank set a €29.00 ($34.52) price target on shares of Infineon Technologies and gave the company a “buy” rating in a research report on Tuesday, December 26th. UBS Group set a €27.00 ($32.14) price target on shares of Infineon Technologies and gave the company a “buy” rating in a research report on Tuesday, November 28th. JPMorgan Chase & Co. set a €25.50 ($30.36) price target on shares of Infineon Technologies and gave the company a “buy” rating in a research report on Friday, November 10th. Finally, Credit Suisse Group reiterated a “buy” rating on shares of Infineon Technologies in a research report on Tuesday, December 19th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of €23.57 ($28.06).
Infineon Technologies has a 52 week low of €13.43 ($15.99) and a 52 week high of €20.42 ($24.31).
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Infineon Technologies Company Profile
Infineon Technologies AG, together with its subsidiaries, provides semiconductors and system solutions in Germany and internationally. It operates in four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security. The Automotive segment offers automotive microcontrollers for powertrain, safety, and driver assistance systems; discrete power semiconductors; IGBT modules; industrial microcontrollers; magnetic and pressure sensors; power integrated circuits (ICs); radars; transceivers; and voltage regulators.
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