Commerzbank set a €29.00 ($34.52) price target on Infineon Technologies (ETR:IFXA) in a research note published on Thursday. The firm currently has a buy rating on the technology company’s stock.

A number of other brokerages have also weighed in on IFXA. Barclays set a €17.20 ($20.48) price objective on Infineon Technologies and gave the company a neutral rating in a report on Thursday, October 12th. UBS Group set a €21.00 ($25.00) price objective on Infineon Technologies and gave the company a buy rating in a report on Wednesday, October 11th. Baader Bank set a €21.50 ($25.60) price objective on Infineon Technologies and gave the company a buy rating in a report on Wednesday, October 11th. Goldman Sachs Group set a €21.30 ($25.36) price objective on Infineon Technologies and gave the company a neutral rating in a report on Wednesday, October 11th. Finally, Morgan Stanley set a €11.00 ($13.10) price objective on Infineon Technologies and gave the company a sell rating in a report on Friday, October 6th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of €22.87 ($27.22).

Infineon Technologies has a fifty-two week low of €13.43 ($15.99) and a fifty-two week 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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