Oddo Bhf Reiterates “€17.50” Price Target for Infineon Technologies (ETR:IFXA)

Oddo Bhf set a €17.50 ($20.35) price objective on Infineon Technologies (ETR:IFXA) in a report released on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the technology company’s stock.

A number of other research analysts have also recently weighed in on the stock. Citigroup upgraded shares of Copa from a neutral rating to a buy rating in a research report on Thursday, May 9th. DZ Bank reiterated a neutral rating on shares of Infineon Technologies in a research report on Wednesday, June 19th. Commerzbank set a €25.00 ($29.07) price objective on shares of Infineon Technologies and gave the company a buy rating in a research report on Monday, March 18th. UBS Group set a €23.50 ($27.33) price objective on shares of Infineon Technologies and gave the company a buy rating in a research report on Wednesday, July 3rd. Finally, Kepler Capital Markets set a €22.00 ($25.58) target price on shares of Infineon Technologies and gave the company a buy rating in a research note on Monday, June 10th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and fifteen have given a buy rating to the stock. Infineon Technologies currently has a consensus rating of Buy and an average price target of €21.48 ($24.97).

IFXA stock opened at €19.70 ($22.91) on Thursday. Infineon Technologies has a twelve month low of €13.43 ($15.62) and a twelve month high of €19.70 ($22.91).

About Infineon Technologies

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.

Recommended Story: What is a Stop Order?

Analyst Recommendations for Infineon Technologies (ETR:IFXA)

Receive News & Ratings for Infineon Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies and related companies with MarketBeat.com's FREE daily email newsletter.