Infineon Technologies AG logo

IFX - Infineon Technologies AG News Story

€31.5 -0.1  -0.2%

Last Trade - 4:35pm

Sector
Technology
Size
Large Cap
Market Cap £35.27bn
Enterprise Value £38.47bn
Revenue £8.59bn
Position in Universe 37th / 1051

BUZZ-Top of the Street: Lloyds, Virgin Money, Travis Perkins, Infineon, IAG, Elisa, Novartis

Mon 22nd March, 2021 11:32am
A round-up of notable broker activity this morning from Europe's
top-ranked* analysts:
    
    ** JP Morgan raises Lloyds  LLOY.L  to "overweight" from
"neutral," citing improved outlook for provisioning in 2021 and
increased net interest income expectations given the rate
environment
    ** JP Morgan cuts Virgin Money  VMUK.L  to "underweight"
from "neutral," driven by a better outlook for provisioning in
the near term and increased net interest income and other income
in the medium term
    ** RBC upgrades Britain's biggest building materials seller
Travis Perkins  TPK.L  to "outperform" from "sector perform" on
Wickes demerger  urn:newsml:reuters.com:*:nL4N2LK22Q
    ** Credit Suisse raises German chipmaker Infineon
Technologies  IFXGn.DE  to "outperform" from "underperform," 
believing the company can exceed its mid-term targets for sales 
    ** Deutsche Banks cuts British Airways' owner IAG  ICAG.L 
to "hold" from "buy" seeing only about 2% further upside to
share price
    ** Goldman Sachs raises Finnish telecommunications company
Elisa  ELISA.HE  to "buy" from "neutral," saying the company's
superior and resilient revenue growth looks set to accelerate on
the broker's estimates  urn:newsml:reuters.com:*:nL8N2LK1D3
    
    INITIATIONS AND REINSTATEMENTS
    ** Bernstain starts Novartis AG  NOVN.S  with "market
perform rating" with mixed feelings on the base but a positive
bias on the pipeline
    
(*Analyst rankings from Thomson Reuters StarMine. The scale is
from 1-star to 5-star with 5 being the best. Analysts are ranked
on earnings accuracy as well as relative performance of
recommendations over trailing 12-month & 24-month periods.)


 ((canan.sevgili@thomsonreuters.com
federica.urso@thomsonreuters.com))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.