Goldman Sachs Group, Inc. (The) set a €21.80 ($25.35) price target on Infineon Technologies AG (ETR:IFXA) in a report issued on Wednesday morning. The firm currently has a neutral rating on the technology company’s stock.
Several other equities research analysts also recently issued reports on the company. Bank of America Corporation set a €29.00 ($33.72) price target on Infineon Technologies AG and gave the stock a buy rating in a report on Tuesday, October 17th. Commerzbank Ag set a €23.00 ($26.74) price target on Infineon Technologies AG and gave the stock a buy rating in a report on Monday, October 23rd. Morgan Stanley set a €11.00 ($12.79) price target on Infineon Technologies AG and gave the stock a sell rating in a report on Friday, October 6th. BNP Paribas restated a sell rating on shares of Infineon Technologies AG in a report on Friday, July 21st. Finally, UBS AG set a €26.00 ($30.23) price target on Infineon Technologies AG and gave the stock a buy rating in a report on Wednesday, November 1st. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company’s stock. Infineon Technologies AG currently has a consensus rating of Hold and a consensus price target of €21.38 ($24.86).
Infineon Technologies AG has a 1 year low of €13.43 ($15.62) and a 1 year high of €20.42 ($23.74).
About Infineon Technologies AG
Infineon Technologies AG, together with its subsidiaries, provides semiconductors and system solutions in Germany and internationally. It operates in four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security. The Automotive segment offers automotive microcontrollers for powertrain, safety, and driver assistance systems; discrete power semiconductors; IGBT modules; industrial microcontrollers; magnetic and pressure sensors; power integrated circuits (ICs); radars; transceivers; and voltage regulators.
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