In a report released today, Francois Xavier Bouvignies from UBS maintained a Buy rating on Infineon Technologies AG (IFNNF – Research Report), with a price target of EUR40.00. The company’s shares closed yesterday at $27.02.
According to TipRanks, Xavier Bouvignies is a 4-star analyst with an average return of 8.7% and a 71.43% success rate. Xavier Bouvignies covers the Technology sector, focusing on stocks such as Infineon Technologies AG, ams AG, and u-blox Holding AG.
In addition to UBS, Infineon Technologies AG also received a Buy from Warburg Research’s Malte Schaumann in a report issued yesterday. However, on August 3, Jefferies maintained a Sell rating on Infineon Technologies AG (Other OTC: IFNNF).
See Insiders’ Hot Stocks on TipRanks >>
IFNNF market cap is currently $36.62B and has a P/E ratio of 16.59.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Infineon Technologies AG engages in the provision of semiconductor and system solutions. It operates through the following segments: Automotive; Industrial Power Control; Power Management and Multimarket; and Digital Security Solutions. The Automotive segment designs, develops, manufactures, and markets semiconductor for automotive applications. The Industrial Power Control segment involves in the design, development, manufacture, and marketing of semiconductors for the generation, transmission, and economy in the use of electrical energy. The Power Management and Multimarket segment includes design, development, manufacture, and marketing of semiconductors for energy-efficient power supplies as well as for mobile devices and mobile phone network infrastructures. The Digital Security Solutions segment designs, develops, manufactures, and markets semiconductor-based security products for card applications and network systems. The company was founded on April 1, 1999 and is headquartered in Munich, Germany.
Read More on IFNNF:
- Goldman Sachs Sticks to Their Hold Rating for Vitesco Technologies Group AG (VTSCF)
- Jefferies Remains a Buy on Vitesco Technologies Group AG (VTSCF)
- Array Tech Stock Jumped 10% After Hours On Robust Q2
- HEIDELBERG makes successful start to 2022/23 financial year – sales and earnings increase in Q1
- Form 8.5 (EPT/RI) – ContourGlobal Plc
