Warburg Research Keeps Their Hold Rating on Infineon Technologies AG (IFNNF)


Warburg Research analyst Malte Schaumann maintained a Hold rating on Infineon Technologies AG (IFNNF) today and set a price target of $21.50. The company’s shares opened today at $15.89, close to its 52-week low of $15.50.

According to TipRanks.com, Schaumann is ranked #3993 out of 5201 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Infineon Technologies AG with a $23.66 average price target, a 48.9% upside from current levels. In a report issued on June 4, Oddo Securities also maintained a Hold rating on the stock with a $17.50 price target.

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The company has a one-year high of $28.40 and a one-year low of $15.50. Currently, Infineon Technologies AG has an average volume of 6,876.

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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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