Separately, BNP Paribas restated a hold rating on shares of Infineon Technologies in a report on Wednesday, October 17th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Infineon Technologies currently has an average rating of Buy.
OTCMKTS IFNNF traded down $0.50 during trading on Friday, hitting $20.55. 393 shares of the stock traded hands, compared to its average volume of 11,010. Infineon Technologies has a 12-month low of $18.45 and a 12-month high of $31.25.
Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and system solutions in Europe, the Middle East, Africa, the Asia-Pacific, Japan, and Americas. It operates in four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security.
Further Reading: Cost of Capital
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