Infineon Technologies (OTCMKTS:IFNNF)‘s stock had its “hold” rating reaffirmed by analysts at Oddo Securities in a report issued on Friday, AnalystRatings.com reports.
A number of other equities research analysts also recently issued reports on IFNNF. Credit Suisse Group reiterated a “buy” rating and issued a $19.50 target price on shares of Infineon Technologies in a research report on Thursday, May 2nd. Goldman Sachs Group restated a “buy” rating and set a $21.50 price target on shares of Infineon Technologies in a report on Wednesday, June 19th. Warburg Research restated a “hold” rating and set a $21.50 price target on shares of Infineon Technologies in a report on Wednesday, May 8th. Norddeutsche Landesbank restated a “hold” rating and set a $19.00 price target on shares of Infineon Technologies in a report on Tuesday, May 7th. Finally, UBS Group restated a “buy” rating and set a $25.00 price target on shares of Infineon Technologies in a report on Tuesday, May 7th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $20.83.
IFNNF stock traded down $0.43 during midday trading on Friday, reaching $17.72. The company had a trading volume of 850 shares, compared to its average volume of 9,847. Infineon Technologies has a 1 year low of $15.50 and a 1 year high of $26.83. The company’s 50 day moving average price is $17.52.
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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