Kepler Capital Keeps Their Buy Rating on Infineon Technologies AG (IFNNF)

In a report released on April 19, Sebastien Sztabowicz from Kepler Capital maintained a Buy rating on Infineon Technologies AG (IFNNF – Research Report), with a price target of €47.00. The company’s shares closed last Friday at $32.05.

According to TipRanks, Sztabowicz is an analyst with an average return of -5.6% and a 40.72% success rate.

Currently, the analyst consensus on Infineon Technologies AG is a Strong Buy with an average price target of $47.71, implying a 48.86% upside from current levels. In a report released on April 19, Goldman Sachs also maintained a Buy rating on the stock with a €41.00 price target.

The company has a one-year high of $44.55 and a one-year low of $28.94. Currently, Infineon Technologies AG has an average volume of 4,351.

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IFNNF in relation to earlier this year.

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Infineon Technologies AG (IFNNF) Company Description:

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.