Infineon Technologies (ETR:IFXA) Given a €21.00 Price Target at Sanford C. Bernstein

Sanford C. Bernstein set a €21.00 ($24.42) price objective on Infineon Technologies (ETR:IFXA) in a research report sent to investors on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.

A number of other equities analysts also recently weighed in on IFXA. UBS Group set a €25.00 ($29.07) target price on shares of Infineon Technologies and gave the company a buy rating in a research note on Thursday, January 16th. Berenberg Bank set a €21.00 ($24.42) target price on shares of Infineon Technologies and gave the company a buy rating in a research note on Wednesday, November 13th. Nord/LB set a €18.00 ($20.93) target price on shares of Infineon Technologies and gave the company a neutral rating in a research note on Wednesday, November 13th. Oddo Bhf set a €15.50 ($18.02) target price on shares of Infineon Technologies and gave the company a neutral rating in a research note on Thursday, October 10th. Finally, DZ Bank reaffirmed a neutral rating on shares of Infineon Technologies in a research note on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the company. Infineon Technologies has an average rating of Buy and an average target price of €20.99 ($24.41).

Infineon Technologies has a one year low of €13.43 ($15.62) and a one year high of €19.70 ($22.91). The stock’s fifty day simple moving average is €19.70.

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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Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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