Goldman Sachs Group set a €21.50 ($25.00) target price on Infineon Technologies (ETR:IFXA) in a research report sent to investors on Wednesday, May 22nd, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.
IFXA has been the topic of a number of other reports. Deutsche Bank set a €23.00 ($26.74) target price on Infineon Technologies and gave the stock a buy rating in a report on Monday, April 15th. DZ Bank reaffirmed a neutral rating on shares of Infineon Technologies in a report on Tuesday, May 7th. JPMorgan Chase & Co. set a €21.00 ($24.42) price target on Infineon Technologies and gave the company a buy rating in a research report on Friday, April 5th. UBS Group set a €25.00 ($29.07) price target on Infineon Technologies and gave the company a buy rating in a research report on Tuesday, May 7th. Finally, Credit Suisse Group set a €19.50 ($22.67) price target on Infineon Technologies and gave the company a buy rating in a research report on Thursday, March 28th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the stock. Infineon Technologies currently has an average rating of Buy and a consensus target price of €21.71 ($25.24).
Infineon Technologies has a fifty-two week low of €13.43 ($15.62) and a fifty-two week high of €19.70 ($22.91).
About Infineon Technologies
Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and system solutions in Europe, the Middle East, Africa, the Asia-Pacific, Japan, and Americas. It operates in four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security.
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