Infineon Technologies AG (OTCMKTS:IFNNY) Receives Consensus “Buy” Recommendation From Analysts


Shares of Infineon Technologies AG (OTCMKTS:IFNNY – Get a rating) received an average rating of “Buy” by the thirteen brokerages that cover the stock, reports MarketBeat Ratings. One equity research analyst rated the stock with a sell recommendation, three issued a hold recommendation and eight issued a buy recommendation on the company. The 12-month average price target among analysts who have updated their coverage of the stock over the past year is $34.99.

IFNNY has been the subject of a number of research analyst reports. Credit Suisse Group raised its price target on Infineon Technologies shares from €48.20 ($52.97) to €48.40 ($53.19) in a Friday, February 4 research report. JPMorgan Chase & Co. cut its price target on Infineon Technologies shares from €5.70 ($6.26) to €5.55 ($6.10) and set a “neutral” rating on the action in a Friday, February 4 report. Citigroup upgraded shares of Infineon Technologies from a “neutral” rating to a “buy” rating in a Monday, January 10, report. Jefferies Financial Group began covering shares of Infineon Technologies in a report on Thursday, February 17. They set an “underperforming” rating on the stock. Finally, Morgan Stanley began covering shares of Infineon Technologies in a report on Monday, December 20. They set an “overweight” rating on the stock.

Infineon Technologies stock opened Tuesday at $30.63. The company has a 50-day moving average price of $38.25 and a 200-day moving average price of $42.58. Infineon Technologies has a 52-week low of $28.03 and a 52-week high of $49.99. The company has a debt ratio of 0.51, a quick ratio of 1.43 and a current ratio of 1.96. The company has a market capitalization of $40.00 billion, a price/earnings ratio of 24.90, a P/E/G ratio of 0.69 and a beta of 1.67.

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Infineon Technologies (OTCMKTS: IFNNY – Get a rating) last reported results on Thursday, February 3. The technology company reported earnings per share (EPS) of $0.47 for the quarter, beating analyst consensus estimates of $0.42 by $0.05. Infineon Technologies achieved a net margin of 11.76% and a return on equity of 15.42%. The company had revenue of $3.61 billion in the quarter. Stock analysts expect Infineon Technologies to post earnings per share of 1.94 for the current fiscal year.

The company also recently announced a dividend, which was paid on Tuesday, March 1. Investors of record on Monday, February 21 received a dividend of $0.2134. The ex-dividend date was Friday, February 18. This represents a return of 0.56%. Infineon Technologies’ dividend payout ratio (DPR) is currently 17.07%.

About Infineon Technologies (Get a rating)

Infineon Technologies AG is engaged in the supply of semiconductors and system solutions. It operates through the following segments: Automotive, Industrial Power Control, Power and Sensor Systems and Connected Secure Systems. The Automotive segment designs, develops, manufactures and markets semiconductors for automotive applications.

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Analyst Recommendations for Infineon Technologies (OTCMKTS: IFNNY)

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