Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Snap (SNAP), Infineon Technologies AG (IFNNF) and Airbus Group SE (EADSF).
Snap (SNAP)
Monness analyst Brian White maintained a Hold rating on Snap today. The company’s shares closed last Friday at $25.53, close to its 52-week high of $26.76.
According to TipRanks.com, White is a top 25 analyst with an average return of 29.4% and a 78.1% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Slack Technologies, and Salesforce.
Currently, the analyst consensus on Snap is a Moderate Buy with an average price target of $22.27, representing a -14.1% downside. In a report issued on July 1, Canaccord Genuity also maintained a Hold rating on the stock with a $25.00 price target.
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Infineon Technologies AG (IFNNF)
In a report released today, Andrew Gardiner from Barclays maintained a Hold rating on Infineon Technologies AG, with a price target of EUR20.00. The company’s shares closed last Friday at $25.43, close to its 52-week high of $25.56.
According to TipRanks.com, Gardiner is a 5-star analyst with an average return of 11.0% and a 60.6% success rate. Gardiner covers the Technology sector, focusing on stocks such as Dialog Semiconductor, TomTom, and ams AG.
Currently, the analyst consensus on Infineon Technologies AG is a Moderate Buy with an average price target of $25.11, implying a -1.8% downside from current levels. In a report issued on July 1, Goldman Sachs also maintained a Hold rating on the stock with a EUR22.50 price target.
Airbus Group SE (EADSF)
UBS analyst Celine Fornaro maintained a Buy rating on Airbus Group SE today and set a price target of EUR100.00. The company’s shares closed last Friday at $74.22.
According to TipRanks.com, Fornaro is ranked #6506 out of 6767 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Airbus Group SE with a $83.71 average price target, representing a 14.7% upside. In a report issued on June 30, Goldman Sachs also maintained a Buy rating on the stock with a EUR84.00 price target.
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