Credit Suisse Group set a €26.00 ($30.95) target price on Infineon Technologies (ETR:IFXA) in a research report sent to investors on Thursday. The brokerage currently has a buy rating on the technology company’s stock.
A number of other brokerages have also weighed in on IFXA. Barclays set a €17.20 ($20.48) price target on Infineon Technologies and gave the stock a neutral rating in a research note on Thursday, October 12th. UBS Group set a €21.00 ($25.00) price target on Infineon Technologies and gave the stock a buy rating in a research note on Wednesday, October 11th. Baader Bank set a €21.50 ($25.60) price target on Infineon Technologies and gave the stock a buy rating in a research note on Wednesday, October 11th. Goldman Sachs Group set a €21.30 ($25.36) price target on Infineon Technologies and gave the stock a neutral rating in a research note on Wednesday, October 11th. Finally, Morgan Stanley set a €11.00 ($13.10) price target on Infineon Technologies and gave the stock a sell rating in a research note on Friday, October 6th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Infineon Technologies presently has a consensus rating of Hold and a consensus price target of €22.87 ($27.22).
Infineon Technologies has a 52 week low of €13.43 ($15.99) and a 52 week high of €20.42 ($24.31).
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Infineon Technologies Company Profile
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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