Infineon Technologies (IFXA) Given a €25.40 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €25.40 ($29.53) price objective on Infineon Technologies (ETR:IFXA) in a research note issued to investors on Wednesday. The brokerage currently has a buy rating on the technology company’s stock.

A number of other analysts also recently issued reports on IFXA. Credit Suisse Group set a €25.60 ($29.77) target price on Infineon Technologies and gave the company a buy rating in a research report on Friday, July 13th. Citigroup set a €26.50 ($30.81) target price on Infineon Technologies and gave the company a buy rating in a research report on Monday, July 16th. Kepler Capital Markets set a €27.00 ($31.40) target price on Infineon Technologies and gave the company a buy rating in a research report on Tuesday, July 17th. JPMorgan Chase & Co. set a €25.50 ($29.65) target price on Infineon Technologies and gave the company a buy rating in a research report on Monday, July 30th. Finally, Commerzbank set a €29.00 ($33.72) target price on Infineon Technologies and gave the company a buy rating in a research report on Wednesday, August 1st. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and sixteen have assigned a buy rating to the company. The stock currently has an average rating of Buy and an average price target of €25.58 ($29.74).

ETR:IFXA opened at €19.70 ($22.91) on Wednesday. Infineon Technologies has a 52-week low of €13.43 ($15.62) and a 52-week high of €20.42 ($23.74).

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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