Infineon Technologies (ETR:IFXA) has been assigned a €21.00 ($24.42) target price by stock analysts at Goldman Sachs Group in a report released on Thursday, March 28th, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the technology company’s stock.
A number of other brokerages also recently issued reports on IFXA. UBS Group set a €24.00 ($27.91) price target on Infineon Technologies and gave the stock a “buy” rating in a research report on Monday, January 14th. Bank of America set a €29.00 ($33.72) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a report on Monday, January 7th. DZ Bank reaffirmed a “buy” rating on shares of Infineon Technologies in a report on Wednesday, January 2nd. JPMorgan Chase & Co. reissued a “buy” rating on shares of Infineon Technologies in a research report on Tuesday, December 11th. Finally, Credit Suisse Group set a €22.00 ($25.58) price objective on shares of Infineon Technologies and gave the company a “buy” rating in a research report on Wednesday, December 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. Infineon Technologies has a consensus rating of “Buy” and an average price target of €22.74 ($26.44).
Infineon Technologies has a 12-month low of €13.43 ($15.62) and a 12-month high of €19.70 ($22.91).
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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