Warburg Research set a €21.50 ($25.00) target price on Infineon Technologies (ETR:IFXA) in a research report released on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the technology company’s stock.
A number of other research analysts also recently issued reports on IFXA. UBS Group set a €23.50 ($27.33) price target on Infineon Technologies and gave the company a buy rating in a report on Friday, July 26th. Nord/LB set a €18.00 ($20.93) price target on Infineon Technologies and gave the company a neutral rating in a report on Thursday. Bank of America set a €25.00 ($29.07) price target on Infineon Technologies and gave the company a buy rating in a report on Monday, June 3rd. Societe Generale set a €22.00 ($25.58) price target on Infineon Technologies and gave the company a neutral rating in a report on Wednesday, May 8th. Finally, Barclays set a €15.50 ($18.02) price target on Infineon Technologies and gave the company a sell rating in a report on Tuesday, June 11th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of €21.43 ($24.91).
IFXA opened at €19.70 ($22.91) on Thursday. Infineon Technologies has a 12 month low of €13.43 ($15.62) and a 12 month high of €19.70 ($22.91).
Infineon Technologies Company Profile
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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