JPMorgan Chase & Co. Analysts Give Infineon Technologies (ETR:IFXA) a €28.00 Price Target
JPMorgan Chase & Co. set a €28.00 ($31.46) price objective on Infineon Technologies (ETR:IFXA) in a report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.
A number of other analysts also recently issued reports on IFXA. Goldman Sachs Group set a €22.50 ($25.28) target price on Infineon Technologies and gave the stock a neutral rating in a research report on Thursday, July 2nd. Credit Suisse Group set a €17.00 ($19.10) price objective on Infineon Technologies and gave the stock a sell rating in a report on Thursday, June 18th. Deutsche Bank set a €22.00 ($24.72) price objective on shares of Infineon Technologies and gave the company a buy rating in a report on Thursday, July 9th. Kepler Capital Markets set a €18.00 ($20.22) target price on shares of Infineon Technologies and gave the stock a neutral rating in a research note on Wednesday, June 3rd. Finally, UBS Group set a €23.50 ($26.40) price target on shares of Infineon Technologies and gave the company a buy rating in a research note on Thursday, July 9th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of €20.59 ($23.14).
Infineon Technologies has a one year low of €13.43 ($15.09) and a one year high of €19.70 ($22.13).
Infineon Technologies AG, together with its subsidiaries, designs, develops, manufactures, and markets semiconductors and related system solutions worldwide. Its Automotive segment offers automotive microcontrollers for powertrain, safety, and driver assistance systems; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and radar sensor integrated circuits (ICs); transceivers; silicon carbide diodes; and voltage regulators for use in assistance and safety systems, comfort electronics, powertrain, and security products.
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