Deutsche Bank Analysts Give Infineon Technologies (IFXA) a €29.00 Price Target

Infineon Technologies (ETR:IFXA) has been assigned a €29.00 ($34.52) price objective by equities researchers at Deutsche Bank in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the technology company’s stock.

A number of other research analysts have also recently commented on IFXA. Credit Suisse Group set a €26.00 ($30.95) price target on Infineon Technologies and gave the company a “buy” rating in a research note on Thursday. UBS Group set a €21.00 ($25.00) price target on Infineon Technologies and gave the company a “buy” rating in a research note on Friday, September 29th. Commerzbank set a €29.00 ($34.52) price target on Infineon Technologies and gave the company a “buy” rating in a research note on Thursday. Berenberg Bank set a €20.00 ($23.81) price target on Infineon Technologies and gave the company a “buy” rating in a research note on Tuesday, September 19th. Finally, Independent Research set a €22.00 ($26.19) price target on Infineon Technologies and gave the company a “neutral” rating in a research note on Monday, October 2nd. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of €22.87 ($27.22).

Infineon Technologies has a 52-week low of €13.43 ($15.99) and a 52-week high of €20.42 ($24.31).

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About Infineon Technologies

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.

Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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