Infineon Technologies AG (ETR:IFXA) received a €21.00 ($24.71) target price from research analysts at UBS AG in a report released on Wednesday. The firm presently has a “buy” rating on the technology company’s stock.
IFXA has been the topic of a number of other research reports. Independent Research GmbH set a €19.50 ($22.94) price target on Infineon Technologies AG and gave the stock a “neutral” rating in a research note on Tuesday, August 1st. Commerzbank Ag set a €23.00 ($27.06) price target on Infineon Technologies AG and gave the stock a “buy” rating in a research note on Friday, June 30th. Goldman Sachs Group, Inc. (The) set a €21.30 ($25.06) price objective on Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Wednesday. S&P Global set a €20.00 ($23.53) price objective on Infineon Technologies AG and gave the stock a “neutral” rating in a research report on Wednesday, August 2nd. Finally, Citigroup Inc. set a €21.25 ($25.00) price objective on Infineon Technologies AG and gave the stock a “buy” rating in a research report on Friday, September 8th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of €19.43 ($22.86).
Infineon Technologies AG (ETR IFXA) opened at 21.561 on Wednesday. Infineon Technologies AG has a 12-month low of €14.86 and a 12-month high of €21.97. The stock has a market capitalization of €24.34 billion and a price-to-earnings ratio of 29.255. The firm has a 50-day moving average of €20.39 and a 200-day moving average of €19.35.
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About Infineon Technologies AG
Infineon Technologies AG is a Germany-based company developing semiconductors and system solutions for automotive and industrial electronics, and chip card, as well as security applications. It diversifies its operations into four main divisions: Automotive; Industrial Power Control; Chip card & Security, and Power Management and Multimarket.
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