As part of an industry study, the analysts at Nord LB examine companies from the technology sector. The entire sector continues to receive a “neutral” rating.
The study recommends buying Infineon papers. The analysts see the price target for Infineon’s papers at 19.50 euros.
Infineon is expected to generate earnings per share of EUR 0.45 in the current year. According to analysts’ calculations, the dividend is expected to be EUR 0.27. The KGV 2020e stands at 46.0. This places you in the upper range of the study evaluations. For comparison: ASML comes to 48.6.
Infineon will publish its third quarter results on August 4.
Despite difficulties, Infineon was able to largely maintain operations during the pandemic. The problems in the automotive sector, however, make prospects dimmer.
Infineon’s shares are trading almost unchanged at EUR 20.825 in the evening.
At a glance – chart and news: Infineon