Infineon Technologies AG (IFNNF) Received its Third Buy in a Row

After Citigroup and Deutsche Bank gave Infineon Technologies AG (Other OTC: IFNNF) a Buy rating last month, the company received another Buy, this time from UBS. Analyst David Mulholland maintained a Buy rating on Infineon Technologies AG today and set a price target of $25. The company’s shares opened today at $22.50.

According to, Mulholland is ranked #1777 out of 5175 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Infineon Technologies AG with a $24.82 average price target, which is a 10.3% upside from current levels. In a report issued on March 27, Berenberg Bank also maintained a Buy rating on the stock with a $24 price target.

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Infineon Technologies AG’s market cap is currently $25.57B and has a P/E ratio of 19.18. The company has a Price to Book ratio of 3.31.

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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 Chip Card and Security. The Automotive segment designs, develops, manufactures, and markets semiconductor for automotive applications.

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