Jefferies Financial Group Reiterates €26.00 Price Target for Infineon Technologies (ETR:IFXA)

Jefferies Financial Group set a €26.00 ($28.26) target price on Infineon Technologies (ETR:IFXAGet Rating) in a report issued on Thursday morning, Borsen Zeitung reports.

A number of other analysts also recently issued reports on the stock. Barclays set a €30.00 ($32.61) price objective on shares of Infineon Technologies in a report on Tuesday, April 12th. Berenberg Bank set a €48.00 ($52.17) price objective on shares of Infineon Technologies in a report on Thursday, March 17th. Warburg Research set a €42.00 ($45.65) price objective on shares of Infineon Technologies in a report on Monday, February 7th. Credit Suisse Group set a €48.40 ($52.61) price objective on shares of Infineon Technologies in a report on Friday, February 4th. Finally, JPMorgan Chase & Co. set a €47.00 ($51.09) price objective on shares of Infineon Technologies in a report on Wednesday, February 2nd. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of Buy and an average target price of €43.17 ($46.93).

Infineon Technologies has a 1 year low of €13.43 ($14.60) and a 1 year high of €19.70 ($21.41).

Infineon Technologies Company Profile (Get Rating)

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and related system solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and radar sensor integrated circuits (ICs); transceivers; silicon carbide diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.

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