Deutsche Bank set a €23.00 ($26.74) price target on Infineon Technologies (ETR:IFXA) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.
A number of other research firms have also weighed in on IFXA. Citigroup upgraded shares of Copa from a neutral rating to a buy rating in a research report on Thursday, May 9th. Societe Generale downgraded shares of Infineon Technologies from a buy rating to a hold rating in a research note on Wednesday, May 8th. Independent Research set a €230.00 ($267.44) target price on shares of Munchener Ruckvers and gave the stock a neutral rating in a research note on Wednesday, June 19th. Berenberg Bank reaffirmed a hold rating and set a GBX 95 ($1.24) target price on shares of Gem Diamonds in a research note on Wednesday, May 8th. Finally, UBS Group set a €23.50 ($27.33) target price on shares of Infineon Technologies and gave the stock a buy rating in a research note on Wednesday, July 3rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and fifteen have assigned a buy rating to the company. Infineon Technologies presently has a consensus rating of Buy and a consensus target price of €21.48 ($24.97).
Shares of IFXA stock opened at €19.70 ($22.91) on Monday. Infineon Technologies has a 52-week low of €13.43 ($15.62) and a 52-week high of €19.70 ($22.91).
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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