InterXion Holding NV Given New $33.00 Price Target at Jefferies Group (INXN)
Analysts at Jefferies Group upped their price objective on shares of InterXion Holding NV (NASDAQ:INXN) to $33.00 in a research report issued to clients and investors on Friday. Jefferies Group’s price target would indicate a potential upside of 22.68% from the stock’s previous close.
A number of other analysts have also recently weighed in on INXN. Analysts at Raymond James initiated coverage on shares of InterXion Holding NV in a research note on Friday, June 27th. They set an “outperform” rating and a $30.00 price target on the stock. Separately, analysts at Evercore Partners downgraded shares of InterXion Holding NV from an “overweight” rating to an “equal weight” rating in a research note on Friday, May 16th. They now have a $28.00 price target on the stock, up previously from $27.00. Finally, analysts at Cowen and Company raised their price target on shares of InterXion Holding NV from $27.00 to $30.00 in a research note on Friday, May 9th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. InterXion Holding NV presently has an average rating of “Hold” and a consensus price target of $28.99.
InterXion Holding NV (NASDAQ:INXN) traded down 1.10% during mid-day trading on Friday, hitting $26.90. The stock had a trading volume of 256,980 shares. InterXion Holding NV has a 52 week low of $20.56 and a 52 week high of $28.33. The stock has a 50-day moving average of $27.26 and a 200-day moving average of $25.58. The company has a market cap of $1.858 billion and a P/E ratio of 136.00.
InterXion Holding NV (NASDAQ:INXN) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01. The company had revenue of $80.61 million for the quarter, compared to the consensus estimate of $79.58 million. During the same quarter in the previous year, the company posted $0.10 earnings per share. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. On average, analysts predict that InterXion Holding NV will post $0.57 earnings per share 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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