Shares of Infineon Technologies AG (OTCMKTS:IFNNY – Get Rating) have received a consensus rating of “Moderate Buy” from the twelve analysts that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $39.56.
Several research analysts have recently weighed in on IFNNY shares. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Infineon Technologies from €50.00 ($52.63) to €40.00 ($42.11) and set a “buy” rating on the stock in a research report on Wednesday, May 11th. Barclays decreased their price target on shares of Infineon Technologies from €45.00 ($47.37) to €30.00 ($31.58) in a report on Tuesday, April 12th. JPMorgan Chase & Co. decreased their price target on shares of Infineon Technologies from €45.00 ($47.37) to €38.50 ($40.53) and set a “neutral” rating for the company in a report on Tuesday, May 10th. Citigroup decreased their price target on shares of Infineon Technologies from €44.00 ($46.32) to €38.00 ($40.00) and set a “buy” rating for the company in a report on Wednesday, May 11th. Finally, Societe Generale decreased their price target on shares of Infineon Technologies from €52.00 ($54.74) to €44.00 ($46.32) and set a “buy” rating for the company in a report on Tuesday, May 10th.
Infineon Technologies stock opened at $25.26 on Thursday. The firm’s 50 day simple moving average is $28.88 and its 200-day simple moving average is $35.17. The company has a market cap of $32.99 billion, a P/E ratio of 17.54, a price-to-earnings-growth ratio of 0.65 and a beta of 1.68. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.14 and a quick ratio of 1.47. Infineon Technologies has a fifty-two week low of $24.48 and a fifty-two week high of $49.99.
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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