Infineon Technologies (ETR:IFXA) has been assigned a €25.50 ($31.48) price objective by Baader Bank in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the technology company’s stock.
A number of other research analysts also recently weighed in on the stock. Commerzbank set a €23.00 ($28.40) price objective on shares of Infineon Technologies and gave the company a “buy” rating in a research report on Monday, October 23rd. Deutsche Bank set a €29.00 ($35.80) price target on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Tuesday, December 26th. Bank of America set a €29.00 ($35.80) price target on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Tuesday, October 17th. Morgan Stanley set a €11.00 ($13.58) price target on shares of Infineon Technologies and gave the stock a “sell” rating in a research report on Friday, October 6th. Finally, UBS Group set a €26.00 ($32.10) price target on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of €24.05 ($29.69).
Infineon Technologies has a 1-year low of €13.43 ($16.58) and a 1-year high of €20.42 ($25.21).
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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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