Infineon Technologies (OTCMKTS:IFNNY) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

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Infineon Technologies (OTCMKTS:IFNNY)‘s stock had its “buy” rating reissued by equities researchers at Deutsche Bank Aktiengesellschaft in a report released on Tuesday, The Fly reports.

Other equities research analysts have also recently issued research reports about the company. Credit Suisse Group reissued an “underperform” rating on shares of Infineon Technologies in a report on Thursday, November 5th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Infineon Technologies in a report on Wednesday, December 9th. Zacks Investment Research cut Infineon Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, November 11th. UBS Group reissued a “buy” rating on shares of Infineon Technologies in a report on Friday, October 9th. Finally, Bank of America lowered shares of Infineon Technologies from a “buy” rating to a “neutral” rating in a research report on Tuesday, December 1st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the stock. Infineon Technologies currently has a consensus rating of “Hold” and a consensus target price of $37.00.

IFNNY opened at $42.60 on Tuesday. The business’s 50 day moving average is $37.36 and its 200-day moving average is $30.30. The stock has a market cap of $55.63 billion, a PE ratio of 137.42, a price-to-earnings-growth ratio of 0.90 and a beta of 1.71. The company has a current ratio of 2.08, a quick ratio of 1.49 and a debt-to-equity ratio of 0.66. Infineon Technologies has a twelve month low of $11.00 and a twelve month high of $42.78.

Infineon Technologies (OTCMKTS:IFNNY) last announced its earnings results on Monday, November 9th. The technology company reported $0.23 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.04. Infineon Technologies had a return on equity of 8.24% and a net margin of 4.32%. The firm had revenue of $2.91 billion for the quarter. As a group, analysts forecast that Infineon Technologies will post 1.13 EPS for the current year.

Infineon Technologies Company Profile

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and related system solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and radar sensor integrated circuits (ICs); transceivers; silicon carbide diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.

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Analyst Recommendations for Infineon Technologies (OTCMKTS:IFNNY)

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