Infineon Technologies AG (ETR:IFXA) has earned an average rating of “Hold” from the twenty-two ratings firms that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is €23.50 ($27.98).
Several research firms have recently commented on IFXA. DZ Bank reissued a “neutral” rating on shares of Infineon Technologies in a research note on Thursday, October 19th. Bank of America set a €29.00 ($34.52) target price on Infineon Technologies and gave the company a “buy” rating in a research note on Tuesday, October 17th. Citigroup set a €21.25 ($25.30) target price on Infineon Technologies and gave the company a “buy” rating in a research note on Monday, October 16th. BNP Paribas set a €18.00 ($21.43) target price on Infineon Technologies and gave the company a “sell” rating in a research note on Friday, October 13th. Finally, Barclays set a €17.20 ($20.48) price target on Infineon Technologies and gave the stock a “neutral” rating in a research report on Thursday, October 12th.
Infineon Technologies has a 12 month low of €13.43 ($15.99) and a 12 month high of €20.42 ($24.31).
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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