Commerzbank set a €29.00 ($35.80) target price on Infineon Technologies (ETR:IFXA) in a research note published on Thursday, January 11th. The brokerage currently has a buy rating on the technology company’s stock.
Several other equities analysts also recently weighed in on IFXA. UBS Group set a €21.00 ($25.93) price target on shares of Infineon Technologies and gave the stock a buy rating in a report on Friday, September 29th. Berenberg Bank set a €20.00 ($24.69) price objective on shares of Infineon Technologies and gave the stock a buy rating in a research note on Tuesday, September 19th. Independent Research set a €22.00 ($27.16) price objective on shares of Infineon Technologies and gave the stock a neutral rating in a research note on Monday, October 2nd. Kepler Capital Markets set a €22.50 ($27.78) price objective on shares of Infineon Technologies and gave the stock a buy rating in a research note on Monday, October 2nd. Finally, Baader Bank set a €21.50 ($26.54) price objective on shares of Infineon Technologies and gave the stock a buy rating in a research note on Thursday, September 21st. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and thirteen have given a buy rating to the company. Infineon Technologies presently has a consensus rating of Hold and an average price target of €24.05 ($29.69).
Infineon Technologies has a fifty-two week low of €13.43 ($16.58) and a fifty-two week high of €20.42 ($25.21).
WARNING: “Infineon Technologies (IFXA) Given a €29.00 Price Target by Commerzbank Analysts” was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this news story on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this news story can be read at https://www.dispatchtribunal.com/2018/02/05/commerzbank-reiterates-29-00-price-target-for-infineon-technologies-ifxa.html.
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.
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.