Infineon Technologies AG (OTCMKTS:IFNNY) Receives $39.82 Average PT from Analysts

Infineon Technologies logoShares of Infineon Technologies AG (OTCMKTS:IFNNY – Get Rating) have been assigned an average rating of “Hold” from the eight analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $39.82.

Separately, Morgan Stanley began coverage on Infineon Technologies in a research report on Tuesday, November 8th. They issued an “equal weight” rating for the company.

Infineon Technologies Stock Performance

Shares of Infineon Technologies stock opened at $30.65 on Tuesday. The stock has a market cap of $40.03 billion, a PE ratio of 18.69, a price-to-earnings-growth ratio of 0.58 and a beta of 1.67. The business has a fifty day simple moving average of $24.56 and a 200-day simple moving average of $26.06. The company has a quick ratio of 1.23, a current ratio of 1.79 and a debt-to-equity ratio of 0.41. Infineon Technologies has a 12 month low of $21.43 and a 12 month high of $49.60.

About Infineon Technologies

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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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