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Jefferies Reaffirms Their Buy Rating on Infineon Technologies AG (IFNNF)

Tipranks - Tipranks - Thu May 7, 11:56PM CDT

Jefferies analyst Janardan Menon maintained a Buy rating on Infineon Technologies AG today and set a price target of €75.00.

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According to TipRanks, Menon is ranked #789 out of 12173 analysts.

In addition to Jefferies, Infineon Technologies AG also received a Buy from Barclays’s Simon Coles in a report issued yesterday. However, on the same day, UBS maintained a Hold rating on Infineon Technologies AG (Other OTC: IFNNF).

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IFNNF market cap is currently €73.93B and has a P/E ratio of 47.97.

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IFNNF in relation to earlier this year.

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