Shares of Infineon Technologies AG (ETR:IFXA) have received a consensus recommendation of “Buy” from the twenty-two brokerages that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and sixteen have assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is €25.24 ($29.35).

A number of research firms recently commented on IFXA. Warburg Research set a €26.00 ($30.23) price target on Infineon Technologies and gave the stock a “buy” rating in a report on Wednesday, August 1st. Credit Suisse Group set a €25.60 ($29.77) price target on Infineon Technologies and gave the stock a “buy” rating in a report on Wednesday, August 1st. Kepler Capital Markets set a €27.00 ($31.40) price target on Infineon Technologies and gave the stock a “buy” rating in a report on Wednesday, August 1st. Societe Generale set a €28.00 ($32.56) price target on Infineon Technologies and gave the stock a “buy” rating in a report on Thursday, August 2nd. Finally, Independent Research set a €23.50 ($27.33) price objective on shares of Infineon Technologies and gave the stock a “neutral” rating in a research report on Thursday, August 2nd.

Infineon Technologies stock opened at €19.70 ($22.91) on Tuesday. Infineon Technologies has a 52 week low of €13.43 ($15.62) and a 52 week 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.

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Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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