Infineon Technologies (OTCMKTS:IFNNF)‘s stock had its “hold” rating restated by equities researchers at Norddeutsche Landesbank in a research report issued to clients and investors on Tuesday, May 7th, AnalystRatings.com reports. They currently have a $19.00 target price on the stock. Norddeutsche Landesbank’s target price suggests a potential upside of 5.52% from the stock’s current price.
A number of other equities analysts also recently weighed in on the company. Credit Suisse Group restated a “buy” rating and issued a $19.50 target price on shares of Infineon Technologies in a research note on Thursday, May 2nd. Deutsche Bank restated a “buy” rating and issued a $23.00 target price on shares of Infineon Technologies in a research note on Monday, April 15th. Finally, UBS Group reiterated a “buy” rating on shares of Infineon Technologies in a research note on Friday, January 18th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company’s stock. Infineon Technologies presently has a consensus rating of “Buy” and a consensus target price of $20.93.
IFNNF stock traded down $0.10 during mid-day trading on Tuesday, reaching $18.01. 16,104 shares of the company traded hands, compared to its average volume of 9,367. Infineon Technologies has a fifty-two week low of $18.01 and a fifty-two week high of $29.70.
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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