Infineon Technologies AG (IFXA) PT Set at €21.20 by Goldman Sachs Group, Inc. (The)
Infineon Technologies AG (ETR:IFXA) has been given a €21.20 ($24.94) price target by equities researchers at Goldman Sachs Group, Inc. (The) in a research report issued to clients and investors on Friday. The brokerage currently has a “neutral” rating on the technology company’s stock.
IFXA has been the subject of several other reports. Independent Research GmbH set a €19.50 ($22.94) target price on shares of Infineon Technologies AG and gave the stock a “neutral” rating in a report on Tuesday, August 1st. Commerzbank Ag set a €23.00 ($27.06) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a report on Monday, October 23rd. DZ Bank AG reaffirmed a “neutral” rating on shares of Infineon Technologies AG in a report on Thursday, October 19th. Credit Suisse Group set a €24.00 ($28.24) price objective on shares of Infineon Technologies AG and gave the company a “buy” rating in a report on Tuesday, October 24th. Finally, S&P Global set a €20.00 ($23.53) price objective on shares of Infineon Technologies AG and gave the company a “neutral” rating in a report on Wednesday, August 2nd. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of €20.24 ($23.81).
About Infineon Technologies AG
Infineon Technologies AG is a Germany-based company developing semiconductors and system solutions for automotive and industrial electronics, and chip card, as well as security applications. It diversifies its operations into four main divisions: Automotive; Industrial Power Control; Chip card & Security, and Power Management and Multimarket.
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