Goldman Sachs Group Analysts Give Infineon Technologies (IFXA) a €21.50 Price Target

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Goldman Sachs Group set a €21.50 ($25.00) price target on Infineon Technologies (ETR:IFXA) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.

A number of other equities research analysts have also recently commented on the stock. Deutsche Bank set a €23.00 ($26.74) target price on shares of Infineon Technologies and gave the company a buy rating in a research report on Friday, May 10th. Citigroup set a €21.00 ($24.42) target price on shares of Infineon Technologies and gave the company a buy rating in a research report on Thursday, May 9th. Barclays set a €17.00 ($19.77) target price on shares of Infineon Technologies and gave the company a sell rating in a research report on Wednesday, May 8th. Berenberg Bank set a €24.00 ($27.91) target price on shares of Infineon Technologies and gave the company a buy rating in a research report on Wednesday, May 8th. Finally, Warburg Research set a €21.50 ($25.00) price target on shares of Infineon Technologies and gave the stock a neutral rating in a report on Wednesday, May 8th. One research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of €22.24 ($25.86).

Infineon Technologies has a 52-week low of €13.43 ($15.62) and a 52-week high of €19.70 ($22.91).

About Infineon Technologies

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.

Further Reading: How does a security become overbought?

Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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