Analysts have recommended that Infineon Technologies AG ... - Best Stocks

According to Bloomberg Ratings, the eleven analysts currently monitoring Infineon Technologies AG (OTCMKTS: IFNNY) have agreed that the best course of action for investors to take regarding the stock is to “Hold” the stock. The stock has been recommended to be sold by one of the equity research analysts, a recommendation to hold by three other analysts, and a recommendation to buy by five other analysts. The $39.99 price target that brokerages who rated the stock in the previous year have set for the stock in the coming year is the average price target that these brokerages have set for the stock.

Recent studies on the company’s stock have been authored by multiple equity research specialists, who published their findings. The most recent events are the primary focus of these reports. Berenberg Bank raised their target price on shares of Infineon Technologies from €34.00 ($36.17) to €40.00 ($42.55) in a research note published on Friday, November 18. This change was made in response to a share price rise since the previous price objective was established. Following the release of a report on December 12, Susquehanna began providing coverage of Infineon Technologies’ shares. They assigned a ” neutral ” rating to the stock for their investment portfolio. In a research note that was published on Friday, November 18, Societe Generale raised their target price for Infineon Technologies from €38.00 ($40.43) to €41.00 ($43.62) and upgraded the company from a “hold” rating to a “buy” rating. On Tuesday, November 8, Morgan Stanley issued a research note that was made available online in which it announced that the firm would begin covering the shares of Infineon Technologies. They ranked the company as having “equal weight,” according to their system. In addition, Stifel Nicolaus upgraded its recommendation for Infineon Technologies from a “hold” rating to a “buy” rating in a research note published on Monday, November 21. The research note was made available to the public.
The OTCMKTS: IFNNY market opened for trading on Wednesday at $30.17 per share. During the past 52 weeks, the share price of Infineon Technologies has fluctuated between a low of $21.43 and a high of $46.61 at various points. The value of the debt-to-equity ratio comes in at 0.41, the current ratio comes in at 1.79, and the quick ratio comes in at 1.23. The stock has a price-to-earnings ratio of 17.05, a price-to-earnings-to-growth ratio of 1.22, and a beta value of 1.76. Its market capitalization is currently sitting at $39.40 billion. Currently, the company’s 50-day moving average and 200-day moving average are each sitting at $30.12, while the 200-day moving average is at $26.71.
Infineon Technologies AG is a company that is active all over the world in the fields of designing, developing, producing, and marketing related system solutions and semiconductors. Specifically, the company focuses on the semiconductor industry. The manufacturing of products that fall into the categories of assistance and safety systems, comfort electronics, infotainment, powertrain, and security can make use of automotive microcontrollers, 3D ToF, magnetic and pressure sensors, discrete power semiconductors, IGBT modules, industrial microcontrollers, power and radar sensor ICs, transceivers, silicon carbide diodes, MOSFETs and modules, as well as voltage regulators. Magnetic and pressure sensors are two additional types of sensors that may be utilized.

Adblock test (Why?)