Infineon Technologies (ETR:IFXA) has been assigned a €17.25 ($20.06) price target by analysts at Barclays in a note issued to investors on Thursday. The firm currently has a “sell” rating on the technology company’s stock.
A number of other analysts have also issued reports on the company. UBS Group set a €24.00 ($27.91) target price on Infineon Technologies and gave the company a “buy” rating in a report on Monday, January 14th. Bank of America set a €29.00 ($33.72) target price on Infineon Technologies and gave the company a “buy” rating in a report on Monday, January 7th. DZ Bank restated a “buy” rating on shares of Infineon Technologies in a report on Wednesday, January 2nd. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Infineon Technologies in a report on Tuesday, December 11th. Finally, Credit Suisse Group set a €22.00 ($25.58) price objective on Infineon Technologies and gave the stock a “buy” rating in a report on Wednesday, December 5th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and seventeen have issued a buy rating to the company. Infineon Technologies currently has an average rating of “Buy” and a consensus price target of €24.51 ($28.50).
Infineon Technologies has a 1-year low of €13.43 ($15.62) and a 1-year high of €20.42 ($23.74).
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.
Recommended Story: Momentum Investing
Receive News & Ratings for Infineon Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies and related companies with MarketBeat.com's FREE daily email newsletter.