Infineon Technologies (ETR:IFXA) received a €29.00 ($35.80) price target from investment analysts at Deutsche Bank in a research note issued on Friday, January 12th. The firm currently has a “buy” rating on the technology company’s stock.
Several other equities analysts have also commented on the stock. UBS Group set a €21.00 ($25.93) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a report on Friday, September 29th. JPMorgan Chase & Co. set a €21.50 ($26.54) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a report on Monday, September 18th. Commerzbank set a €23.00 ($28.40) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a report on Monday, October 23rd. Goldman Sachs Group set a €21.30 ($26.30) price objective on shares of Infineon Technologies and gave the stock a “neutral” rating in a report on Thursday, September 14th. Finally, DZ Bank reiterated a “neutral” rating on shares of Infineon Technologies in a report on Thursday, October 19th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of €24.05 ($29.69).
Infineon Technologies has a 12-month low of €13.43 ($16.58) and a 12-month high of €20.42 ($25.21).
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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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