Infineon Technologies (IFXA) PT Set at €29.00 by Deutsche Bank
Infineon Technologies (ETR:IFXA) has been given a €29.00 ($34.52) price objective by equities researchers at Deutsche Bank in a research report issued to clients and investors on Tuesday. The brokerage currently has a “buy” rating on the technology company’s stock.
A number of other equities analysts also recently weighed in on the company. Credit Suisse Group reiterated a “buy” rating on shares of Infineon Technologies in a report on Tuesday, December 19th. UBS Group set a €27.00 ($32.14) price objective on Infineon Technologies and gave the stock a “buy” rating in a report on Monday, December 4th. Citigroup set a €25.00 ($29.76) price objective on Infineon Technologies and gave the stock a “buy” rating in a report on Wednesday, November 15th. Barclays set a €22.00 ($26.19) price objective on Infineon Technologies and gave the stock a “neutral” rating in a report on Wednesday, November 15th. Finally, Goldman Sachs Group set a €21.80 ($25.95) price objective on Infineon Technologies and gave the stock a “neutral” rating in a report on Wednesday, November 15th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of €22.57 ($26.86).
Infineon Technologies has a 12 month low of €13.43 ($15.99) and a 12 month high of €20.42 ($24.31).
Infineon Technologies Company Profile
Infineon Technologies AG, together with its subsidiaries, provides semiconductors and system solutions in Germany and internationally. It operates in four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security. The Automotive segment offers automotive microcontrollers for powertrain, safety, and driver assistance systems; discrete power semiconductors; IGBT modules; industrial microcontrollers; magnetic and pressure sensors; power integrated circuits (ICs); radars; transceivers; and voltage regulators.
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