Goldman Sachs Group Analysts Give Infineon Technologies (ETR:IFXA) a €24.00 Price Target

Infineon Technologies (ETR:IFXA) has been assigned a €24.00 ($28.24) price target by analysts at Goldman Sachs Group in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the technology company’s stock.

Other equities analysts have also recently issued reports about the company. Oddo Bhf set a €25.00 ($29.41) target price on Infineon Technologies and gave the stock a “neutral” rating in a report on Thursday, September 10th. Sanford C. Bernstein set a €27.00 ($31.76) target price on Infineon Technologies and gave the stock a “buy” rating in a report on Friday, September 4th. DZ Bank reiterated a “buy” rating on shares of Infineon Technologies in a report on Monday, August 17th. Independent Research set a €26.00 ($30.59) target price on Infineon Technologies and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. set a €28.00 ($32.94) price objective on Infineon Technologies and gave the company a “buy” rating in a research note on Thursday, September 3rd. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Infineon Technologies currently has a consensus rating of “Hold” and an average target price of €22.47 ($26.43).

Infineon Technologies has a 1 year low of €13.43 ($15.80) and a 1 year high of €19.70 ($23.18).

About Infineon Technologies

Infineon Technologies AG, together with its subsidiaries, designs, develops, manufactures, and markets semiconductors and related system solutions worldwide. Its Automotive segment offers automotive microcontrollers for powertrain, safety, and driver assistance systems; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and radar sensor integrated circuits (ICs); transceivers; silicon carbide diodes; and voltage regulators for use in assistance and safety systems, comfort electronics, powertrain, and security products.

Further Reading: What is a Tariff?

Analyst Recommendations for Infineon Technologies (ETR:IFXA)

Receive News & Ratings for Infineon Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies and related companies with MarketBeat.com's FREE daily email newsletter.