Infineon Technologies (ETR:IFXA) PT Set at €48.00 by Berenberg Bank

Berenberg Bank set a €48.00 ($50.53) price objective on Infineon Technologies (ETR:IFXAGet Rating) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports.

A number of other brokerages also recently issued reports on IFXA. Credit Suisse Group set a €48.40 ($50.95) price objective on shares of Infineon Technologies in a research report on Tuesday. Societe Generale set a €44.00 ($46.32) price objective on shares of Infineon Technologies in a research report on Tuesday. JPMorgan Chase & Co. set a €45.00 ($47.37) price objective on shares of Infineon Technologies in a research report on Monday, May 9th. Jefferies Financial Group set a €26.00 ($27.37) price objective on shares of Infineon Technologies in a research report on Monday, May 9th. Finally, The Goldman Sachs Group set a €42.50 ($44.74) price objective on shares of Infineon Technologies in a research report on Monday, May 9th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Infineon Technologies presently has a consensus rating of Buy and an average target price of €42.90 ($45.16).

Infineon Technologies has a 52-week low of €13.43 ($14.14) and a 52-week 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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