Infineon Technologies AG (OTCMKTS:IFNNF) Given Average Rating of “Buy” by Brokerages

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Infineon Technologies AG (OTCMKTS:IFNNF) has been given an average recommendation of “Buy” by the fifteen research firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $21.38.

IFNNF has been the topic of a number of research analyst reports. Goldman Sachs Group restated a “buy” rating and issued a $22.50 target price on shares of Infineon Technologies in a research report on Tuesday, September 24th. Oddo Securities reaffirmed a “hold” rating on shares of Infineon Technologies in a research note on Friday, July 12th.

OTCMKTS:IFNNF remained flat at $$17.95 on Friday. The company’s stock had a trading volume of 100 shares, compared to its average volume of 7,982. Infineon Technologies has a 12 month low of $15.50 and a 12 month high of $24.10. The company has a 50-day moving average of $18.42 and a 200 day moving average of $19.30.

Infineon Technologies Company Profile

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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Analyst Recommendations for Infineon Technologies (OTCMKTS:IFNNF)

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