Infineon Technologies (ETR:IFXA) received a €25.50 ($29.65) price objective from research analysts at Baader Bank in a research report issued on Friday. The brokerage currently has a “buy” rating on the technology company’s stock. Baader Bank’s price target suggests a potential upside of 29.44% from the company’s previous close.
IFXA has been the subject of several other research reports. UBS Group set a €28.00 ($32.56) target price on Infineon Technologies and gave the stock a “buy” rating in a research note on Friday, August 17th. DZ Bank restated a “buy” rating on shares of Infineon Technologies in a research note on Thursday, September 27th. Credit Suisse Group set a €25.60 ($29.77) price target on Infineon Technologies and gave the company a “buy” rating in a research report on Wednesday, August 1st. Goldman Sachs Group set a €29.90 ($34.77) price target on Infineon Technologies and gave the company a “buy” rating in a research report on Tuesday, July 31st. Finally, Warburg Research set a €26.00 ($30.23) price target on Infineon Technologies and gave the company a “buy” rating in a research report on Wednesday, August 1st. Two analysts have rated the stock with a sell rating, two have issued a hold rating and sixteen have given a buy rating to the company’s stock. Infineon Technologies has a consensus rating of “Buy” and a consensus target price of €25.58 ($29.74).
ETR IFXA remained flat at $€19.70 ($22.91) during trading hours on Friday. Infineon Technologies has a 12-month low of €13.43 ($15.62) and a 12-month high of €20.42 ($23.74).
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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