Infineon Technologies (ETR:IFXA) Given a €18.00 Price Target by Nord/LB Analysts

Infineon Technologies (ETR:IFXA) received a €18.00 ($20.93) price objective from equities researchers at Nord/LB in a note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the technology company’s stock.

Other research analysts have also recently issued research reports about the company. Sanford C. Bernstein set a €21.00 ($24.42) price objective on Infineon Technologies and gave the stock a “buy” rating in a research note on Tuesday. Barclays set a €15.50 ($18.02) price objective on Infineon Technologies and gave the stock a “sell” rating in a research note on Wednesday. Warburg Research set a €20.60 ($23.95) price objective on Infineon Technologies and gave the stock a “neutral” rating in a research note on Monday, September 30th. Kepler Capital Markets set a €18.50 ($21.51) price objective on Infineon Technologies and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Metzler set a €14.00 ($16.28) price objective on Infineon Technologies and gave the stock a “sell” rating in a research note on Friday, September 27th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the stock. Infineon Technologies currently has an average rating of “Buy” and a consensus target price of €20.70 ($24.08).

Infineon Technologies has a fifty-two week low of €13.43 ($15.62) and a fifty-two week high of €19.70 ($22.91). The stock has a fifty day moving average of €19.70.

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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