InterXion Holding Receives Average Rating of “Hold” from Analysts (NASDAQ:INXN)
InterXion Holding (NASDAQ:INXN) has earned a consensus rating of “Hold” from the thirteen analysts that are currently covering the stock, American Banking News.com reports. Five research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $28.53.
INXN has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of InterXion Holding from a “neutral” rating to an “outperform” rating in a research note on Tuesday. They now have a $28.90 price target on the stock. Separately, analysts at Evercore Partners downgraded shares of InterXion Holding from an “overweight” rating to an “equal weight” rating in a research note on Tuesday. They now have a $28.00 price target on the stock, up previously from $27.00. Finally, analysts at Canaccord Genuity raised their price target on shares of InterXion Holding from $27.00 to $31.00 in a research note on Tuesday.
Shares of InterXion Holding (NASDAQ:INXN) opened at 26.15 on Friday. InterXion Holding has a one year low of $20.56 and a one year high of $27.98. The stock’s 50-day moving average is $24.33 and its 200-day moving average is $23.63. The company has a market cap of $1.801 billion and a P/E ratio of 190.88.
InterXion Holding (NASDAQ:INXN) last posted its quarterly earnings results on Wednesday, March 5th. The company reported $0.12 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.12. The company had revenue of $78.20 million for the quarter. During the same quarter in the previous year, the company posted $0.08 earnings per share. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. Analysts expect that InterXion Holding will post $0.56 EPS for the current fiscal year.
InterXion Holding N.V. is a provider of carrier-neutral colocation data center services in Europe. The Company support customers through 33 data centers in 11 countries enabling them to protect, connect, process and distribute their information.
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