Credit Suisse Group set a €22.00 ($25.58) price target on Infineon Technologies (ETR:IFXA) in a research note published on Wednesday. The brokerage currently has a buy rating on the technology company’s stock.
Other research analysts have also recently issued reports about the company. DZ Bank reaffirmed a buy rating on shares of Infineon Technologies in a research report on Thursday, October 25th. Kepler Capital Markets set a €28.50 ($33.14) target price on Infineon Technologies and gave the stock a buy rating in a report on Wednesday, October 3rd. UBS Group set a €28.00 ($32.56) target price on Infineon Technologies and gave the stock a buy rating in a report on Friday, August 17th. JPMorgan Chase & Co. set a €25.50 ($29.65) target price on Infineon Technologies and gave the stock a buy rating in a report on Friday, November 9th. Finally, Barclays set a €18.50 ($21.51) target price on Infineon Technologies and gave the stock a sell rating in a report on Tuesday, November 13th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and sixteen have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus 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).
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.
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