Shares of Infineon Technologies AG (ETR:IFXA) have been assigned an average recommendation of “Buy” from the twenty-two research firms that are covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and sixteen have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is €25.24 ($29.35).

Several analysts have issued reports on IFXA shares. Commerzbank set a €29.00 ($33.72) price target on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Thursday, May 3rd. Warburg Research set a €24.50 ($28.49) price objective on shares of Infineon Technologies and gave the stock a “neutral” rating in a report on Monday, June 11th. Goldman Sachs Group set a €28.50 ($33.14) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a report on Monday, June 11th. Baader Bank set a €25.50 ($29.65) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a report on Wednesday, August 1st. Finally, Cfra set a €29.00 ($33.72) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a report on Wednesday, August 1st.

IFXA stock remained flat at $€19.70 ($22.91) during midday trading on Tuesday. Infineon Technologies has a one year low of €13.43 ($15.62) and a one year 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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