Analysts Offer Insights on Consumer Goods Companies: Daimler (Other OTC: DDAIF) and Infineon Technologies AG (Other OTC: IFNNF)

By Ryan Adsit

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Daimler (DDAIFResearch Report) and Infineon Technologies AG (IFNNFResearch Report) with bullish sentiments.

Daimler (DDAIF)

Deutsche Bank analyst Tim Rokossa maintained a Buy rating on Daimler today and set a price target of $70. The company’s shares opened today at $54.34.

According to TipRanks.com, Rokossa has currently no stars on a ranking scale of 0-5 stars, with an average return of -12.1% and a 4.5% success rate. Rokossa covers the Consumer Goods sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Bayerische Motoren Werke Aktiengesellschaft, and Continental Aktiengesellschaft.

The word on The Street in general, suggests a Hold analyst consensus rating for Daimler with a $63.22 average price target.

See today’s analyst top recommended stocks >>

Infineon Technologies AG (IFNNF)

In a report released today, David Mulholland from UBS maintained a Buy rating on Infineon Technologies AG, with a price target of $23.50. The company’s shares opened today at $15.89, close to its 52-week low of $15.50.

According to TipRanks.com, Mulholland is ranked #4330 out of 5201 analysts.

Currently, the analyst consensus on Infineon Technologies AG is a Moderate Buy with an average price target of $23.78, implying a 49.7% upside from current levels. In a report issued on June 3, Merrill Lynch also maintained a Buy rating on the stock with a $25 price target.

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