Infineon Technologies (IFXA) Given a €24.00 Price Target at Independent Research

Infineon Technologies (ETR:IFXA) has been given a €24.00 ($27.91) price objective by stock analysts at Independent Research in a report released on Tuesday, May 7th, Borsen Zeitung reports. The firm presently has a “buy” rating on the technology company’s stock.

Other analysts also recently issued research reports about the stock. Nord/LB set a €19.00 ($22.09) price target on shares of Infineon Technologies and gave the company a “neutral” rating in a report on Thursday, March 28th. Barclays set a €17.00 ($19.77) price target on shares of Infineon Technologies and gave the company a “sell” rating in a report on Thursday, April 11th. Credit Suisse Group set a €19.50 ($22.67) price objective on shares of Infineon Technologies and gave the company a “buy” rating in a research report on Thursday, May 2nd. Kepler Capital Markets 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 Monday, May 6th. Finally, Goldman Sachs Group set a €21.00 ($24.42) price objective on shares of Infineon Technologies and gave the company a “buy” rating in a research report on Tuesday, May 7th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of €22.24 ($25.86).

Infineon Technologies has a 1-year low of €13.43 ($15.62) and a 1-year 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.

See Also: Producer Price Index (PPI)

Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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