Cfra set a €23.00 ($26.74) price target on Infineon Technologies (ETR:IFXA) in a research note issued to investors on Tuesday. The brokerage currently has a buy rating on the technology company’s stock.

Several other research analysts also recently commented on IFXA. Citigroup set a €26.50 ($30.81) target price on shares of Infineon Technologies and gave the stock a buy rating in a research note on Monday, July 16th. Kepler Capital Markets set a €27.00 ($31.40) target price on shares of Infineon Technologies and gave the stock a buy rating in a research note on Tuesday, July 17th. Goldman Sachs Group reaffirmed a buy rating on shares of Infineon Technologies in a research note on Wednesday, July 25th. JPMorgan Chase & Co. set a €25.50 ($29.65) target price on shares of Infineon Technologies and gave the stock a buy rating in a research note on Monday, July 30th. Finally, Commerzbank set a €29.00 ($33.72) target price on shares of Infineon Technologies and gave the stock a buy rating in a research note on Wednesday, August 1st. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and sixteen have given a buy rating to the company’s stock. Infineon Technologies presently has an average rating of Buy and an average price target of €24.69 ($28.71).

Shares of ETR IFXA opened at €19.70 ($22.91) on Tuesday. Infineon Technologies has a 52 week low of €13.43 ($15.62) and a 52 week high of €20.42 ($23.74).

About Infineon Technologies

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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Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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