Barclays restated their sell rating on shares of Infineon Technologies (OTCMKTS:IFNNF) in a report issued on Tuesday, AnalystRatings.com reports. The firm currently has a $15.50 price target on the stock.
Several other equities research analysts also recently weighed in on the company. Oddo Securities restated a hold rating and set a $17.50 price target on shares of Infineon Technologies in a report on Tuesday, June 4th. Bank of America restated a buy rating and set a $25.00 price target on shares of Infineon Technologies in a report on Monday, June 3rd. Goldman Sachs Group restated a buy rating and set a $21.50 price target on shares of Infineon Technologies in a report on Wednesday, May 22nd. Warburg Research restated a hold rating and set a $21.50 price target on shares of Infineon Technologies in a report on Wednesday, May 8th. Finally, UBS Group restated a buy rating and set a $25.00 price target on shares of Infineon Technologies in a report on Tuesday, May 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of $20.83.
Shares of OTCMKTS IFNNF opened at $16.17 on Tuesday. Infineon Technologies has a 1-year low of $15.96 and a 1-year high of $28.40.
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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