Societe Generale set a €29.00 ($34.52) price objective on Infineon Technologies (ETR:IFXA) in a research note published on Wednesday. The firm currently has a buy rating on the technology company’s stock.
Other analysts have also issued reports about the company. UBS Group set a €21.00 ($25.00) price objective on Infineon Technologies and gave the stock a buy rating in a report on Friday, September 29th. Commerzbank set a €23.00 ($27.38) price objective on Infineon Technologies and gave the stock a buy rating in a report on Monday, October 23rd. DZ Bank reiterated a neutral rating on shares of Infineon Technologies in a report on Thursday, October 19th. Citigroup set a €25.00 ($29.76) target price on Infineon Technologies and gave the company a buy rating in a report on Wednesday, November 15th. Finally, Credit Suisse Group set a €26.00 ($30.95) target price on Infineon Technologies and gave the company a buy rating in a report on Wednesday, November 15th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of €23.50 ($27.98).
Infineon Technologies has a fifty-two week low of €13.43 ($15.99) and a fifty-two week 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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