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).

ILLEGAL ACTIVITY NOTICE: “Commerzbank Ag Analysts Give Infineon Technologies AG (IFXA) a €23.00 Price Target” was originally posted by Watch List News and is the property of of Watch List News. If you are viewing this news story on another domain, it was stolen and republished in violation of U.S. and international copyright laws. The original version of this news story can be accessed at https://www.watchlistnews.com/commerzbank-ag-analysts-give-infineon-technologies-ag-ifxa-a-23-00-price-target/1702008.html.

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.

Analyst Recommendations for Infineon Technologies AG (ETR:IFXA)

Receive News & Ratings for Infineon Technologies AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies AG and related companies with Analyst Ratings Network's FREE daily email newsletter.