Infineon Technologies (ETR:IFXA) has been given a €21.00 ($24.42) target price by equities researchers at Sanford C. Bernstein in a report released on Monday, Borsen Zeitung reports. The firm currently has a “buy” rating on the technology company’s stock.
Other analysts have also issued reports about the company. Oddo Bhf set a €15.50 ($18.02) price target on Infineon Technologies and gave the company a “neutral” rating in a research note on Thursday, October 10th. Nord/LB set a €18.00 ($20.93) price objective on shares of Infineon Technologies and gave the company a “neutral” rating in a report on Wednesday, November 13th. Metzler set a €14.00 ($16.28) target price on shares of Infineon Technologies and gave the stock a “sell” rating in a research report on Friday, September 27th. Kepler Capital Markets set a €18.50 ($21.51) target price on shares of Infineon Technologies and gave the stock a “neutral” rating in a report on Wednesday, November 13th. Finally, Berenberg Bank set a €21.00 ($24.42) price target on shares of Infineon Technologies and gave the company a “buy” rating in a research report on Wednesday, November 13th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of €20.38 ($23.70).
Infineon Technologies has a fifty-two week low of €13.43 ($15.62) and a fifty-two week high of €19.70 ($22.91). The business has a 50-day simple moving average of €19.70.
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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