Infineon Technologies AG (OTCMKTS:IFNNF) has received a consensus rating of “Buy” from the eleven brokerages that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $21.25.
A number of equities analysts have weighed in on the stock. UBS Group reiterated a “buy” rating on shares of Infineon Technologies in a research report on Friday, January 18th. Deutsche Bank reissued a “buy” rating on shares of Infineon Technologies in a report on Friday, January 18th. Finally, Credit Suisse Group reissued a “buy” rating and issued a $19.50 target price on shares of Infineon Technologies in a report on Thursday, May 2nd.
IFNNF opened at $22.71 on Tuesday. Infineon Technologies has a 1-year low of $18.45 and a 1-year high of $29.70.
About Infineon Technologies
Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and system solutions worldwide. The company operates in four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Digital Security Solutions. The Automotive segment offers automotive microcontrollers for powertrain, safety, and driver assistance systems; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and radar sensor integrated circuits (ICs); transceivers; and voltage regulators for use in assistance and safety systems, comfort electronics, and powertrain and security products.
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