Commerzbank Ag Analysts Give Infineon Technologies AG (IFXA) a €23.00 Price Target
Infineon Technologies AG (ETR:IFXA) has been assigned a €23.00 ($26.74) target price by analysts at Commerzbank Ag in a research note issued on Tuesday. The brokerage currently has a “buy” rating on the technology company’s stock.
IFXA has been the topic of several other research reports. Morgan Stanley set a €9.50 ($11.05) price target on Infineon Technologies AG and gave the stock a “sell” rating in a research note on Monday, July 17th. BNP Paribas reiterated a “sell” rating on shares of Infineon Technologies AG in a research note on Friday, July 21st. Bank of America Corporation set a €29.00 ($33.72) target price on Infineon Technologies AG and gave the company a “buy” rating in a research note on Tuesday, October 17th. Baader Bank set a €21.50 ($25.00) target price on Infineon Technologies AG and gave the company a “buy” rating in a research note on Wednesday, October 11th. Finally, Citigroup Inc. set a €21.25 ($24.71) target price on Infineon Technologies AG and gave the company a “buy” rating in a research note on Monday, October 16th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of €20.42 ($23.74).
Infineon Technologies AG has a 52-week low of €13.43 ($15.62) and a 52-week high of €20.42 ($23.74).
About Infineon Technologies AG
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.
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