Shares of Infineon Technologies AG (NASDAQ:IFNNY) have received a consensus broker rating score of 1.40 (Strong Buy) from the five brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and four have issued a strong buy rating on the company. Infineon Technologies AG’s rating score has declined by 40% in the last three months as a result of a number of analysts’ ratings changes.
Brokers have set a twelve-month consensus price target of $18.15 for the company and are anticipating that the company will post $0.25 earnings per share for the current quarter, according to Zacks. Zacks has also given Infineon Technologies AG an industry rank of 28 out of 265 based on the ratings given to its competitors.
Several brokerages have commented on IFNNY. Zacks Investment Research upgraded shares of Infineon Technologies AG from a “sell” rating to a “hold” rating in a research report on Tuesday, September 6th. Sanford C. Bernstein reiterated a “buy” rating on shares of Infineon Technologies AG in a research report on Monday, September 12th.
Infineon Technologies AG (NASDAQ:IFNNY) opened at 17.41 on Friday. The stock has a market capitalization of $19.61 billion and a price-to-earnings ratio of 20.65. Infineon Technologies AG has a one year low of $11.59 and a one year high of $18.10. The stock’s 50 day moving average is $17.03 and its 200 day moving average is $15.44.
Infineon Technologies AG Company Profile
Infineon Technologies AG develops, manufactures and markets a range of semiconductors and system solutions. The Company operates through four segments: Automotive; Industrial Power Control; Power Management & Multimarket, and Chip Card & Security. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications.
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