Barclays Reiterates €30.00 Price Target for Infineon Technologies (ETR:IFXA)

Barclays set a €30.00 ($31.58) price target on Infineon Technologies (ETR:IFXAGet Rating) in a research report sent to investors on Tuesday, Borsen Zeitung reports.

Other analysts have also issued reports about the stock. Berenberg Bank set a €48.00 ($50.53) target price on shares of Infineon Technologies in a research report on Thursday, March 17th. UBS Group set a €49.00 ($51.58) price target on shares of Infineon Technologies in a report on Monday, May 9th. Societe Generale set a €44.00 ($46.32) price target on shares of Infineon Technologies in a report on Tuesday. Sanford C. Bernstein set a €48.00 ($50.53) price target on shares of Infineon Technologies in a report on Monday, March 7th. Finally, Jefferies Financial Group set a €26.00 ($27.37) price target on shares of Infineon Technologies in a report on Monday, May 9th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Infineon Technologies presently has a consensus rating of Buy and an average price target of €42.90 ($45.16).

Infineon Technologies has a 12-month low of €13.43 ($14.14) and a 12-month high of €19.70 ($20.74).

About Infineon Technologies (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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