Infineon Technologies AG (IFXA) Given Consensus Rating of “Buy” by Analysts

Shares of Infineon Technologies AG (ETR:IFXA) have been assigned an average recommendation of “Buy” from the nineteen research firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is €24.26 ($28.21).

A number of analysts have issued reports on IFXA shares. Independent Research set a €23.00 ($26.74) target price on Infineon Technologies and gave the stock a “buy” rating in a research report on Thursday, October 11th. JPMorgan Chase & Co. set a €25.50 ($29.65) target price on Infineon Technologies and gave the stock a “buy” rating in a research report on Wednesday, October 3rd. Kepler Capital Markets set a €28.50 ($33.14) target price on Infineon Technologies and gave the stock a “buy” rating in a research report on Wednesday, October 3rd. UBS Group set a €28.00 ($32.56) target price on Infineon Technologies and gave the stock a “buy” rating in a research report on Wednesday, October 3rd. Finally, Credit Suisse Group set a €25.60 ($29.77) target price on Infineon Technologies and gave the stock a “buy” rating in a research report on Wednesday, October 3rd.

Infineon Technologies has a fifty-two week low of €13.43 ($15.62) and a fifty-two week high of €20.42 ($23.74).

Infineon Technologies Company Profile

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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Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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