Report
Brian Colello, CPA
EUR 147.86 For Business Accounts Only

We Now Assign Infineon a Narrow Moat Rating; Raising FVE to EUR 14 From EUR 13

We have taken a fresh look at Infineon Technologies and have raised our moat rating on the company to narrow from none, while maintaining our stable moat trend rating. We are also raising our fair value estimate for the firm to EUR 14 per share from EUR 13, and increasing our fair value estimate for the U.S. ADR to $15 from $14, as we now foresee excess returns on capital for the company over a longer time horizon.
We now think Infineon will more likely than not be able to earn excess returns on...
Underlying
Infineon Technologies AG

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Colello, CPA

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