Infineon Technologies (ETR:IFX) Rating Increased

Infineon Technologies (ETR:IFX)’s stock was upped to “Buy” by stock analysts at DZ BANK. IFX’s old rating is no longer valid.

Despite this rating upgrade ETR:IFX is currently trading -0.09% lower at EUR 16.38 as of 6:01 PM Frankfurt time. Infineon Technologies shares have [From2] 0% in the last 200 days, while the S&P 500 has gained 12.90% for the same time.

Infineon Technologies (ETR:IFX) Profile

Infineon Technologies AG develops, manufactures and markets a range of semiconductors and system solutions. The Company operates through four segments: Automotive; Industrial Power Control; Power Management & Multimarket, and Chip Card & Security. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications.

Infineon Technologies (ETR:IFX) traded down -0.09% on 16 December, hitting EUR 16.38. A total of 5.43 million shares of the company’s stock traded hands. This is up from average of 4.98 million shares. Infineon Technologies has a 52 week low of EUR 10.11 and a 52 week high of EUR 17.01. The company has a market cap of 18.55 billion EUR and a P/E ratio of 24.83.

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