Barclays set a €15.50 ($18.02) price target on Infineon Technologies (ETR:IFXA) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the technology company’s stock.
IFXA has been the topic of a number of other research reports. Nord/LB set a €18.00 ($20.93) target price on Infineon Technologies and gave the company a neutral rating in a report on Thursday, August 1st. DZ Bank restated a neutral rating on shares of Infineon Technologies in a report on Thursday, August 1st. Deutsche Bank set a €25.00 ($29.07) target price on Infineon Technologies and gave the company a buy rating in a report on Wednesday. Warburg Research set a €20.60 ($23.95) target price on Infineon Technologies and gave the company a neutral rating in a report on Monday, September 30th. Finally, Goldman Sachs Group set a €21.00 ($24.42) target price on Infineon Technologies and gave the company a buy rating in a report on Tuesday, November 12th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of €20.38 ($23.70).
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 price of €19.70.
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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