Infineon Technologies (OTCMKTS:IFNNY) Coverage Initiated by Analysts at Barclays

Barclays began coverage on shares of Infineon Technologies (OTCMKTS:IFNNYGet Rating) in a report published on Tuesday morning, The Fly reports. The brokerage issued an overweight rating on the technology company’s stock.

A number of other research analysts have also weighed in on IFNNY. Credit Suisse Group increased their price target on Infineon Technologies from €42.50 ($46.20) to €47.40 ($51.52) and gave the stock an outperform rating in a research note on Wednesday, November 16th. Berenberg Bank increased their target price on Infineon Technologies from €34.00 ($36.96) to €40.00 ($43.48) in a research report on Friday, November 18th. Societe Generale increased their target price on Infineon Technologies from €38.00 ($41.30) to €41.00 ($44.57) and gave the stock a buy rating in a research report on Friday, November 18th. Morgan Stanley started coverage on Infineon Technologies in a research report on Tuesday, November 8th. They issued an equal weight rating on the stock. Finally, Susquehanna started coverage on Infineon Technologies in a research report on Monday, December 12th. They issued a neutral rating on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Infineon Technologies has a consensus rating of Moderate Buy and an average price target of $39.99.

Infineon Technologies Trading Up 0.5 %

Shares of Infineon Technologies stock opened at $34.83 on Tuesday. Infineon Technologies has a fifty-two week low of $21.43 and a fifty-two week high of $44.25. The firm has a market cap of $45.49 billion, a PE ratio of 19.68, a P/E/G ratio of 1.38 and a beta of 1.75. The business’s fifty day moving average is $32.26 and its two-hundred day moving average is $27.47. The company has a quick ratio of 1.14, a current ratio of 1.69 and a debt-to-equity ratio of 0.35.

Infineon Technologies Company Profile

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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 ICs; transceivers; SiC 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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Analyst Recommendations for Infineon Technologies (OTCMKTS:IFNNY)

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