Infineon Technologies AG (IFXA) Given Consensus Rating of “Buy” by Analysts
Infineon Technologies AG (ETR:IFXA) has received an average recommendation of “Buy” from the twenty research firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and sixteen have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is €26.05 ($30.29).
Several equities research analysts recently issued reports on IFXA shares. Goldman Sachs Group set a €30.40 ($35.35) target price on shares of Infineon Technologies and gave the stock a “buy” rating in a report on Monday, August 20th. UBS Group set a €28.00 ($32.56) target price on shares of Infineon Technologies and gave the stock a “buy” rating in a report on Friday, August 17th. Credit Suisse Group set a €25.60 ($29.77) price target on Infineon Technologies and gave the stock a “buy” rating in a research note on Thursday, September 20th. Societe Generale set a €28.00 ($32.56) price target on Infineon Technologies and gave the stock a “buy” rating in a research note on Thursday, August 2nd. Finally, DZ Bank restated a “buy” rating on shares of Infineon Technologies in a research note on Thursday, September 27th.
Infineon Technologies stock opened at €19.70 ($22.91) on Friday. Infineon Technologies has a 12-month low of €13.43 ($15.62) and a 12-month high of €20.42 ($23.74).
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.
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