Infineon Technologies (IFXA) Given a €21.00 Price Target at JPMorgan Chase & Co.

Infineon Technologies (IFXA) Given a €21.00 Price Target at JPMorgan Chase & Co.

Infineon Technologies (ETR:IFXA) received a €21.00 ($24.42) target price from equities research analysts at JPMorgan Chase & Co. in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the technology company’s stock.

IFXA has been the topic of a number of other research reports. UBS Group set a €25.00 ($29.07) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Independent Research set a €22.00 ($25.58) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Thursday, March 28th. Credit Suisse Group set a €22.00 ($25.58) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Friday, January 18th. Goldman Sachs Group set a €21.00 ($24.42) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Thursday, March 28th. Finally, Deutsche Bank set a €25.00 ($29.07) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a research report on Friday, January 18th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of €22.50 ($26.16).

Infineon Technologies has a 12-month low of €13.43 ($15.62) and a 12-month high of €19.70 ($22.91).

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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