Infineon Technologies AG (ETR:IFXA) Receives €38.79 Average Price Target from Analysts

Infineon Technologies AG (ETR:IFXA) has received a consensus recommendation of “Buy” from the fifteen brokerages that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is €38.79 ($45.64).

A number of brokerages have recently commented on IFXA. Berenberg Bank set a €45.00 ($52.94) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Thursday, June 17th. Morgan Stanley set a €38.00 ($44.71) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Tuesday, May 4th. UBS Group set a €42.00 ($49.41) price objective on shares of Infineon Technologies in a research report on Tuesday, July 13th. Deutsche Bank Aktiengesellschaft set a €42.00 ($49.41) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Wednesday, May 5th. Finally, Sanford C. Bernstein set a €43.00 ($50.59) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Tuesday, June 8th.

Infineon Technologies has a one year low of €13.43 ($15.80) and a one year high of €19.70 ($23.18).

About Infineon Technologies

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and related system solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and radar sensor integrated circuits (ICs); transceivers; silicon carbide diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.

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Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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