Infineon Technologies (ETR:IFXA) has been assigned a €22.00 ($25.58) target price by analysts at Independent Research 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 equities research analysts also recently issued reports on IFXA. Barclays set a €17.25 ($20.06) price target on shares of Infineon Technologies and gave the company a “sell” rating in a research note on Thursday, January 17th. Credit Suisse Group set a €22.00 ($25.58) target price on shares of Infineon Technologies and gave the stock a “buy” rating in a report on Friday, January 18th. DZ Bank reiterated a “buy” rating on shares of Infineon Technologies in a report on Friday, December 21st. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Infineon Technologies in a report on Tuesday, December 11th. Finally, Kepler Capital Markets set a €24.00 ($27.91) price target on shares of Infineon Technologies and gave the company a “buy” rating in a report on Wednesday, February 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price 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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