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

Infineon Technologies (ETR:IFXA) received a €29.00 ($34.52) target price from equities researchers at Deutsche Bank in a research report issued to clients and investors on Tuesday, December 26th. The brokerage presently has a “buy” rating on the technology company’s stock.

Several other research firms have also recently issued reports on IFXA. Independent Research set a €22.00 ($26.19) price target on Infineon Technologies and gave the stock a “neutral” rating in a research note on Monday, October 2nd. Kepler Capital Markets set a €22.50 ($26.79) price target on Infineon Technologies and gave the stock a “buy” rating in a research note on Monday, October 2nd. Barclays set a €17.20 ($20.48) price target on Infineon Technologies and gave the stock a “neutral” rating in a research note on Thursday, October 12th. UBS Group set a €21.00 ($25.00) price target on Infineon Technologies and gave the stock a “buy” rating in a research note on Friday, September 29th. Finally, Credit Suisse Group reissued a “buy” rating on shares of Infineon Technologies in a research note on Tuesday, December 19th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of €22.87 ($27.22).

Infineon Technologies has a 12-month low of €13.43 ($15.99) and a 12-month 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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