Infineon Technologies (ETR:IFXA) Given a €21.00 Price Target by Sanford C. Bernstein Analysts

Sanford C. Bernstein set a €21.00 ($24.42) price target on Infineon Technologies (ETR:IFXA) in a report published on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.

Several other equities research analysts have also recently issued reports on the stock. Berenberg Bank set a €21.00 ($24.42) price objective on shares of Infineon Technologies and gave the stock a buy rating in a research report on Wednesday, September 25th. Warburg Research set a €20.60 ($23.95) price objective on shares of Infineon Technologies and gave the stock a neutral rating in a research report on Monday, September 30th. Kepler Capital Markets set a €18.50 ($21.51) price objective on shares of Infineon Technologies and gave the stock a neutral rating in a research report on Thursday, November 7th. Bankhaus Lampe set a €16.50 ($19.19) price objective on shares of Infineon Technologies and gave the stock a neutral rating in a research report on Tuesday. Finally, Nord/LB set a €18.00 ($20.93) price objective on shares of Infineon Technologies and gave the stock a neutral rating in a research report on Thursday, August 1st. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of €20.64 ($23.99).

Infineon Technologies has a 1 year low of €13.43 ($15.62) and a 1 year high of €19.70 ($22.91). The company’s 50 day simple moving average is €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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