Infineon Technologies (ETR:IFXA) Given a €22.70 Price Target by Independent Research Analysts

Infineon Technologies (ETR:IFXA) received a €22.70 ($26.40) price objective from investment analysts at Independent Research in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the technology company’s stock.

IFXA has been the subject of several other research reports. Oddo Bhf set a €15.50 ($18.02) price objective on shares of Infineon Technologies and gave the stock a “neutral” rating in a research report on Thursday, October 10th. Deutsche Bank set a €22.00 ($25.58) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Thursday, October 10th. Barclays set a €14.50 ($16.86) price objective on shares of Infineon Technologies and gave the stock a “sell” rating in a research report on Friday, October 11th. 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. Finally, 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. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of €20.64 ($23.99).

Infineon Technologies has a 52-week low of €13.43 ($15.62) and a 52-week high of €19.70 ($22.91). The firm’s 50 day 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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