UBS analyst Francois Xavier Bouvignies maintained a Buy rating on Infineon Technologies AG (IFNNF – Research Report) today and set a price target of EUR47.00.
According to TipRanks, Xavier Bouvignies is a 4-star analyst with an average return of 11.0% and a 65.45% success rate. Xavier Bouvignies covers the Technology sector, focusing on stocks such as Infineon Technologies AG, NXP Semiconductors, and ams AG.
In addition to UBS, Infineon Technologies AG also received a Buy from Goldman Sachs’s Alexander Duval in a report issued yesterday. However, on the same day, J.P. Morgan maintained a Hold rating on Infineon Technologies AG (Other OTC: IFNNF).
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The company has a one-year high of $39.86 and a one-year low of $21.29. Currently, Infineon Technologies AG has an average volume of 4,982.
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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 Digital Security Solutions. The Automotive segment designs, develops, manufactures, and markets semiconductor for automotive applications. The Industrial Power Control segment involves in the design, development, manufacture, and marketing of semiconductors for the generation, transmission, and economy in the use of electrical energy. The Power Management and Multimarket segment includes design, development, manufacture, and marketing of semiconductors for energy-efficient power supplies as well as for mobile devices and mobile phone network infrastructures. The Digital Security Solutions segment designs, develops, manufactures, and markets semiconductor-based security products for card applications and network systems. The company was founded on April 1, 1999 and is headquartered in Munich, Germany.
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