Infineon Technologies (ETR:IFXA) has been assigned a €28.00 ($34.57) price objective by investment analysts at Goldman Sachs Group in a research note issued to investors on Friday. The brokerage presently has a “buy” rating on the technology company’s stock.
A number of other research firms have also weighed in on IFXA. Oddo Bhf set a €21.00 ($25.93) price objective on shares of Infineon Technologies and gave the stock a “sell” rating in a research note on Monday, January 22nd. Barclays set a €17.20 ($21.23) price target on shares of Infineon Technologies and gave the company a “neutral” rating in a research report on Thursday, October 12th. Commerzbank set a €29.00 ($35.80) price target on shares of Infineon Technologies and gave the company a “buy” rating in a research report on Thursday, January 11th. Societe Generale set a €28.00 ($34.57) price target on shares of Infineon Technologies and gave the company a “buy” rating in a research report on Thursday, February 1st. Finally, Deutsche Bank set a €29.00 ($35.80) price target on shares of Infineon Technologies and gave the company a “buy” rating in a research report on Thursday, February 1st. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the stock. Infineon Technologies has an average rating of “Hold” and an average price target of €24.00 ($29.63).
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 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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