Shares of Infineon Technologies AG (OTCMKTS:IFNNY) have been given an average rating of “Buy” by the five research firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Several brokerages have issued reports on IFNNY. Kepler Capital Markets raised shares of Infineon Technologies AG from a “hold” rating to a “buy” rating in a report on Wednesday, March 8th. Zacks Investment Research raised shares of Infineon Technologies AG from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a report on Monday, March 20th.

ILLEGAL ACTIVITY NOTICE: “Infineon Technologies AG (IFNNY) Receives Average Recommendation of “Buy” from Analysts” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark law. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/06/19/infineon-technologies-ag-ifnny-receives-average-recommendation-of-buy-from-analysts.html.

Shares of Infineon Technologies AG (IFNNY) opened at 22.42 on Monday. The firm has a 50-day moving average of $21.57 and a 200-day moving average of $19.14. Infineon Technologies AG has a 12-month low of $13.16 and a 12-month high of $23.01. The firm has a market cap of $25.32 billion, a P/E ratio of 29.89 and a beta of 0.68.

About Infineon Technologies AG

Infineon Technologies AG is a Germany-based designer, developer and manufacturer of semiconductors and related system solutions. The Company operates through four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications.

Receive News & Ratings for Infineon Technologies AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies AG and related companies with MarketBeat.com's FREE daily email newsletter.