Infineon Technologies (ETR:IFX) Rating Change

Infineon Technologies (ETR:IFX) was upped by DZ-Bank AG to Buy rating in a research report released on 29 June.

The firm’s rating upgrade is well received by investors, as ETR:IFX is currently trading 1.43% higher at EUR 12.81 as of 19:01 Frankfurt time. Infineon Technologies’s stock is up 38.45% over the last 200 days. It has outperformed the S&P500, which has surged 3.83% over the same time.

ETR:IFX Price Chart & Trend

The stock price of Infineon Technologies gained 38.45% over the last 200 days, and is in reinforcing up trend. In the last 50 and 100 days, Infineon Technologies is up 1.87% and up 24.12%, respectively. Our stocks momentum model is shown on the price chart below.

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

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 up 1.43% on 29 June, hitting EUR 12.81. A total of 4.35M shares of the company’s stock traded hands. This is down from average of 4.72M shares. Infineon Technologies has a 52 week low of EUR 8.32 and a 52 week high of EUR 14.19. The company has a market cap of 14.49B EUR and a P/E ratio of 19.08.

Get the latest Infineon Technologies (ETR:IFX) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

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