Deutsche Bank reaffirmed their buy rating on shares of Infineon Technologies (OTCMKTS:IFNNF) in a research note published on Monday morning, AnalystRatings.com reports. The brokerage currently has a $23.00 target price on the stock.
IFNNF has been the topic of a number of other research reports. Credit Suisse Group reissued a buy rating on shares of Infineon Technologies in a report on Friday, January 18th. DZ Bank reaffirmed a buy rating on shares of Infineon Technologies in a research note on Sunday, December 30th. Finally, UBS Group reaffirmed a buy rating on shares of Infineon Technologies in a research note on Friday, January 18th. One analyst has rated the stock with a hold rating and ten have given a buy rating to the stock. The company has an average rating of Buy and a consensus target price of $23.00.
Shares of OTCMKTS:IFNNF opened at $22.97 on Monday. Infineon Technologies has a 12 month low of $18.45 and a 12 month 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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