Goldman Sachs Sticks to Its Buy Rating for Infineon Technologies AG (IFNNF)


Goldman Sachs analyst Alexander Duval maintained a Buy rating on Infineon Technologies AG (IFNNF) today and set a price target of $22.50. The company’s shares closed last Monday at $18.45.

According to TipRanks.com, Duval is ranked #1936 out of 5552 analysts.

Currently, the analyst consensus on Infineon Technologies AG is a Moderate Buy with an average price target of $21.74.

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The company has a one-year high of $24.10 and a one-year low of $15.50. Currently, Infineon Technologies AG has an average volume of 3,411.

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Infineon Technologies AG engages in the provision of semiconductor and system solutions. It operates through the following segments: Automotive; Industrial Power Control; Power Management and Multimarket; and Digital Security Solutions. The Automotive segment designs, develops, manufactures, and markets semiconductor for automotive applications.

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