Infineon Technologies AG (IFXA.F) (ETR:IFXA) PT Set at €38.00 by UBS Group

Infineon Technologies AG (IFXA.F) (ETR:IFXA) received a €38.00 ($44.71) target price from research analysts at UBS Group in a report issued on Wednesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the technology company’s stock.

A number of other research analysts have also commented on IFXA. JPMorgan Chase & Co. set a €34.50 ($40.59) price target on shares of Infineon Technologies AG (IFXA.F) and gave the company a “buy” rating in a research note on Wednesday, December 9th. DZ Bank restated a “buy” rating on shares of Infineon Technologies AG (IFXA.F) in a report on Monday, November 9th. Morgan Stanley set a €33.00 ($38.82) price target on Infineon Technologies AG (IFXA.F) and gave the stock a “buy” rating in a report on Thursday, December 10th. Barclays set a €28.00 ($32.94) price target on shares of Infineon Technologies AG (IFXA.F) and gave the company a “neutral” rating in a research note on Monday, October 12th. Finally, Warburg Research set a €25.50 ($30.00) price objective on Infineon Technologies AG (IFXA.F) and gave the stock a “neutral” rating in a research report on Monday, November 9th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of €28.25 ($33.24).

Infineon Technologies AG has a 12-month low of €13.43 ($15.80) and a 12-month high of €19.70 ($23.18).

About Infineon Technologies AG (IFXA.F)

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

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