Credit Suisse Group Analysts Give Infineon Technologies (IFXA) a €19.50 Price Target

Credit Suisse Group set a €19.50 ($22.67) price target on Infineon Technologies (ETR:IFXA) in a report published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.

A number of other brokerages have also commented on IFXA. Berenberg Bank set a €27.00 ($31.40) price target on Infineon Technologies and gave the company a buy rating in a report on Wednesday, February 6th. Goldman Sachs Group set a €23.40 ($27.21) price target on Infineon Technologies and gave the company a buy rating in a report on Wednesday, February 6th. Barclays set a €17.25 ($20.06) price target on Infineon Technologies and gave the company a sell rating in a report on Tuesday, February 5th. Nord/LB set a €21.00 ($24.42) price target on Infineon Technologies and gave the company a neutral rating in a report on Tuesday, February 5th. Finally, Oddo Bhf set a €18.00 ($20.93) price target on Infineon Technologies and gave the company a neutral rating in a report on Tuesday, February 5th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the stock. The company presently has an average rating of Buy and an average price target of €22.21 ($25.83).

Infineon Technologies has a fifty-two week low of €13.43 ($15.62) and a fifty-two week high of €19.70 ($22.91).

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.

Recommended Story: Why are percentage gainers important?

Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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.