Infineon Technologies (IFXA) Given a €21.00 Price Target at JPMorgan Chase & Co.
JPMorgan Chase & Co. set a €21.00 ($24.42) price target on Infineon Technologies (ETR:IFXA) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.
A number of other brokerages have also weighed in on IFXA. Barclays set a €18.00 ($20.93) target price on Infineon Technologies and gave the company a sell rating in a research note on Thursday, February 14th. DZ Bank restated a neutral rating on shares of Infineon Technologies in a research note on Thursday, February 7th. Kepler Capital Markets set a €24.00 ($27.91) target price on Infineon Technologies and gave the company a buy rating in a research note on Wednesday, February 6th. Warburg Research set a €25.00 ($29.07) price target on Infineon Technologies and gave the company a buy rating in a report on Wednesday, February 6th. Finally, Berenberg Bank set a €27.00 ($31.40) price target on Infineon Technologies and gave the company a buy rating in a report on Wednesday, February 6th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of €22.24 ($25.86).
Infineon Technologies has a 12 month low of €13.43 ($15.62) and a 12 month high of €19.70 ($22.91).
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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