Commerzbank Reiterates €29.00 Price Target for Infineon Technologies (IFXA)

Commerzbank set a €29.00 ($35.80) price target on Infineon Technologies (ETR:IFXA) in a report issued on Thursday. The firm currently has a buy rating on the technology company’s stock.

A number of other brokerages also recently issued reports on IFXA. Oddo Bhf set a €21.00 ($25.93) price target on Infineon Technologies and gave the stock a sell rating in a research report on Monday, January 22nd. Societe Generale set a €28.00 ($34.57) price target on Infineon Technologies and gave the stock a buy rating in a research report on Thursday, February 1st. Deutsche Bank set a €29.00 ($35.80) price target on Infineon Technologies and gave the stock a buy rating in a research report on Thursday, February 1st. Credit Suisse Group reiterated a buy rating on shares of Infineon Technologies in a research report on Tuesday, December 19th. Finally, UBS Group set a €27.00 ($33.33) price target on Infineon Technologies and gave the stock a buy rating in a research report on Monday, December 4th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and thirteen have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of €23.93 ($29.55).

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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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About Infineon Technologies

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.

Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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