Independent Research GmbH Analysts Give Infineon Technologies AG (IFXA) a €24.00 Price Target
Infineon Technologies AG (ETR:IFXA) has been assigned a €24.00 ($27.91) price target by analysts at Independent Research GmbH in a report issued on Tuesday. The brokerage presently has a “neutral” rating on the technology company’s stock.
IFXA has been the subject of several other research reports. Morgan Stanley set a €9.50 ($11.05) price target on shares of Infineon Technologies AG and gave the stock a “sell” rating in a report on Monday, July 17th. BNP Paribas reiterated a “sell” rating on shares of Infineon Technologies AG in a report on Friday, July 21st. Bank of America Corporation set a €29.00 ($33.72) price target on shares of 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 shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Tuesday, August 1st. Finally, Baader Bank set a €21.50 ($25.00) price target on shares of Infineon Technologies AG and gave the stock a “buy” rating in a report on Wednesday, October 11th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of €20.65 ($24.02).
Infineon Technologies AG has a twelve month low of €13.43 ($15.62) and a twelve month high of €20.42 ($23.74).
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.
Receive News & Ratings for Infineon Technologies AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies AG and related companies with MarketBeat.com's FREE daily email newsletter.