Infineon Technologies (ETR:IFXA)‘s stock had its “buy” rating reaffirmed by Goldman Sachs Group in a research note issued to investors on Wednesday, July 25th.

Other analysts have also recently issued reports about the stock. Credit Suisse Group set a €25.60 ($29.77) target price on shares of Infineon Technologies and gave the stock a “buy” rating in a report on Friday, July 13th. Citigroup set a €26.50 ($30.81) target price on shares of Infineon Technologies and gave the stock a “buy” rating in a report on Monday, July 16th. Kepler Capital Markets set a €27.00 ($31.40) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a research note on Tuesday, July 17th. UBS Group set a €26.00 ($30.23) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a research note on Thursday, May 3rd. Finally, Baader Bank set a €25.50 ($29.65) price objective on shares of Infineon Technologies and gave the stock a “buy” rating in a research note on Thursday, May 3rd. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and sixteen have given a buy rating to the company’s stock. Infineon Technologies presently has a consensus rating of “Buy” and a consensus price target of €25.24 ($29.35).

Shares of Infineon Technologies stock remained flat at $€19.70 ($22.91) on Wednesday. Infineon Technologies has a 12 month low of €13.43 ($15.62) and a 12 month high of €20.42 ($23.74).

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.

Read More: How are Outstanding Shares Different from Authorized Shares?

Analyst Recommendations for Infineon Technologies (ETR:IFXA)

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