Infineon Technologies AG (ETR: IFXA)‘s stock had its “add” rating reiterated by investment analysts at AlphaValue in a note issued to investors on Thursday. They currently have a $8.51 (€7) target price on the stock.

Infineon Technologies AG traded up 0.55% on Thursday, hitting €5.80. Infineon Technologies AG has a 1-year low of €4.85 and a 1-year high of €7.911.

Other equities research analysts have also recently issued reports about the stock. Analysts at DZ Bank AG reiterated a “hold” rating on shares of Infineon Technologies AG in a research note to investors on Friday, November 23rd. They now have a $7.56 price target on the stock. Separately, analysts at Kepler Capital Markets upgraded shares of Infineon Technologies AG to a “buy” rating in a research note to investors on Wednesday, November 21st. They now have a $8.33 price target on the stock. Finally, analysts at Baader Bank reiterated a “hold” rating on shares of Infineon Technologies AG in a research note to investors on Monday, November 19th. They now have a $7.05 price target on the stock.

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.

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