UBS Group Reiterates €24.00 Price Target for Infineon Technologies (IFXA)
Infineon Technologies (ETR:IFXA) has been given a €24.00 ($27.91) price objective by investment analysts at UBS Group in a research report issued to clients and investors on Monday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the technology company’s stock.
A number of other research analysts also recently commented on the company. Bank of America set a €29.00 ($33.72) price objective on Infineon Technologies and gave the company a “buy” rating in a report on Monday, January 7th. DZ Bank reiterated a “buy” rating on shares of Infineon Technologies in a report on Wednesday, January 2nd. JPMorgan Chase & Co. reissued a “buy” rating on shares of Infineon Technologies in a research report on Tuesday, December 11th. Credit Suisse Group set a €22.00 ($25.58) target price on Infineon Technologies and gave the company a “buy” rating in a research report on Wednesday, December 5th. Finally, Societe Generale set a €25.00 ($29.07) target price on Infineon Technologies and gave the company a “buy” rating in a research report on Monday, November 19th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and seventeen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of €24.57 ($28.57).
Infineon Technologies has a 1-year low of €13.43 ($15.62) and a 1-year high of €20.42 ($23.74).
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.
Recommended Story: Preferred Stock
Receive News & Ratings for Infineon Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies and related companies with MarketBeat.com's FREE daily email newsletter.