Kepler Capital Markets Reiterates €28.50 Price Target for Infineon Technologies (ETR:IFXA)

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Infineon Technologies (ETR:IFXA) has been given a €28.50 ($33.14) price target by stock analysts at Kepler Capital Markets in a report released on Wednesday, October 3rd. The firm presently has a “buy” rating on the technology company’s stock. Kepler Capital Markets’ target price would indicate a potential upside of 44.67% from the stock’s current price.

Several other research analysts have also weighed in on IFXA. UBS Group set a €26.00 ($30.23) price objective on Infineon Technologies and gave the stock a “buy” rating in a research report on Wednesday, June 6th. JPMorgan Chase & Co. set a €25.50 ($29.65) price objective on Infineon Technologies and gave the stock a “buy” rating in a research report on Friday, June 8th. Baader Bank set a €25.50 ($29.65) target price on Infineon Technologies and gave the company a “buy” rating in a research report on Monday, June 11th. Warburg Research set a €24.50 ($28.49) target price on Infineon Technologies and gave the company a “neutral” rating in a research report on Monday, June 11th. Finally, Credit Suisse Group set a €25.60 ($29.77) target price on Infineon Technologies and gave the company a “buy” rating in a research report on Monday, June 11th. Two analysts have rated the stock with a sell rating, one has given a hold rating and seventeen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of €26.45 ($30.75).

IFXA stock opened at €19.70 ($22.91) on Wednesday. Infineon Technologies has a 1-year low of €13.43 ($15.62) and a 1-year high of €20.42 ($23.74).

Infineon Technologies Company Profile

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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Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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