Infineon Technologies AG (ETR:IFXA) has been assigned an average rating of “Hold” from the twenty-three research firms that are presently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is €23.93 ($29.55).
A number of equities research analysts recently commented on IFXA shares. Deutsche Bank set a €29.00 ($35.80) price target on Infineon Technologies and gave the company a “buy” rating in a research report on Tuesday, December 26th. UBS Group set a €27.00 ($33.33) price target on Infineon Technologies and gave the company a “buy” rating in a research report on Tuesday, November 28th. Credit Suisse Group set a €26.00 ($32.10) price target on Infineon Technologies and gave the company a “buy” rating in a research report on Thursday, January 11th. JPMorgan Chase & Co. set a €25.50 ($31.48) price target on Infineon Technologies and gave the company a “buy” rating in a research report on Monday, February 19th. Finally, Barclays set a €22.00 ($27.16) target price on Infineon Technologies and gave the company a “neutral” rating in a research report on Friday, January 12th.
Infineon Technologies has a 12-month low of €13.43 ($16.58) and a 12-month high of €20.42 ($25.21).
TRADEMARK VIOLATION WARNING: This story was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another website, it was illegally copied and reposted in violation of US and international copyright and trademark laws. The original version of this story can be read at https://ledgergazette.com/2018/03/15/infineon-technologies-ag-ifxa-receives-average-recommendation-of-hold-from-analysts.html.
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.
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.