Infineon Technologies (ETR:IFXA) has been given a €29.00 ($34.52) price objective by investment analysts at Societe Generale in a research report issued on Wednesday. The firm currently has a “buy” rating on the technology company’s stock.

Several other brokerages have also commented on IFXA. Independent Research set a €22.00 ($26.19) price target on Infineon Technologies and gave the stock a “neutral” rating in a research note on Monday, October 2nd. Barclays set a €17.20 ($20.48) target price on Infineon Technologies and gave the company a “neutral” rating in a research note on Thursday, October 12th. Kepler Capital Markets set a €22.50 ($26.79) target price on Infineon Technologies and gave the company a “buy” rating in a research note on Monday, October 2nd. UBS Group set a €21.00 ($25.00) target price on Infineon Technologies and gave the company a “buy” rating in a research note on Friday, September 29th. Finally, Commerzbank set a €29.00 ($34.52) target price on Infineon Technologies and gave the company a “buy” rating in a research note on Thursday, January 11th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of €23.16 ($27.57).

Infineon Technologies has a 12-month low of €13.43 ($15.99) and a 12-month high of €20.42 ($24.31).

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About Infineon Technologies

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 (ETR:IFXA)

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