Infineon Technologies (ETR:IFXA) has been assigned a €22.00 ($25.58) target price by equities research analysts at Credit Suisse Group in a research note issued on Monday. The firm presently has a “buy” rating on the technology company’s stock. Credit Suisse Group’s price target would suggest a potential upside of 11.68% from the stock’s current price.

Other research analysts have also issued reports about the stock. Warburg Research set a €26.00 ($30.23) target price on shares of Infineon Technologies and gave the company a “buy” rating in a research note on Wednesday, August 1st. Commerzbank set a €29.00 ($33.72) target price on shares of Infineon Technologies and gave the company a “buy” rating in a research note on Wednesday, August 1st. Kepler Capital Markets set a €27.00 ($31.40) target price on shares of Infineon Technologies and gave the company a “buy” rating in a research note on Wednesday, August 1st. DZ Bank reiterated a “buy” rating on shares of Infineon Technologies in a research note on Wednesday, August 1st. Finally, Berenberg Bank set a €27.00 ($31.40) target price on shares of Infineon Technologies and gave the company a “buy” rating in a research note on Thursday, August 2nd. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and sixteen have assigned a buy rating to the company’s stock. Infineon Technologies presently has a consensus rating of “Buy” and an average price target of €24.33 ($28.29).

Shares of IFXA opened at €19.70 ($22.91) on Monday. Infineon Technologies has a 12 month low of €13.43 ($15.62) and a 12 month high of €20.42 ($23.74).

Infineon Technologies Company Profile

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.

Read More: Price to Earnings Ratio (PE)

Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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