Infineon Technologies AG (IFXA) Given a €23.00 Price Target by Commerzbank Ag Analysts

Commerzbank Ag set a €23.00 ($26.74) price objective on Infineon Technologies AG (ETR:IFXA) in a research note issued to investors on Tuesday. The brokerage currently has a buy rating on the technology company’s stock.

Other research analysts also recently issued research reports about the stock. J P Morgan Chase & Co set a €21.50 ($25.00) target price on shares of Infineon Technologies AG and gave the company a buy rating in a research report on Monday, July 31st. Baader Bank set a €20.00 ($23.26) price objective on shares of Infineon Technologies AG and gave the company a buy rating in a research report on Tuesday, August 1st. Berenberg Bank set a €20.00 ($23.26) price objective on shares of Infineon Technologies AG and gave the company a buy rating in a research report on Wednesday, August 2nd. DZ Bank AG reissued a buy rating on shares of Infineon Technologies AG in a research report on Tuesday, August 1st. Finally, Nord/LB set a €21.00 ($24.42) price objective on shares of Infineon Technologies AG and gave the company a buy rating in a research report on Tuesday, August 1st. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of €21.38 ($24.86).

Infineon Technologies AG has a 12 month low of €13.43 ($15.62) and a 12 month high of €20.42 ($23.74).

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About Infineon Technologies AG

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.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

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