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Infineon Technologies AG (IFNNF): New Buy Recommendation for This Technology Giant

Tipranks - Tipranks - Fri May 29, 3:40AM CDT

In a report released today, Johannes Schaller CFA from Deutsche Bank maintained a Buy rating on Infineon Technologies AG, with a price target of €90.00.

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According to TipRanks, Schaller CFA is a 4-star analyst with an average return of 11.6% and a 51.52% success rate.

In a report released on May 18, Citi also maintained a Buy rating on the stock with a €80.00 price target.

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The company has a one-year high of €79.87 and a one-year low of €30.82. Currently, Infineon Technologies AG has an average volume of 5.34M.

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.

Read More on IFNNF:

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