InterXion Holding NV Rating Reiterated by Citigroup Inc. (INXN)
InterXion Holding NV (NASDAQ:INXN)‘s stock had its “buy” rating restated by analysts at Citigroup Inc. in a research report issued to clients and investors on Thursday. They currently have a $32.00 target price on the stock, up from their previous target price of $29.00. Citigroup Inc.’s price target indicates a potential upside of 17.65% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Raymond James reiterated an “outperform” rating on shares of InterXion Holding NV in a research note on Thursday. They now have a $31.00 price target on the stock, up previously from $30.00. Separately, analysts at RBC Capital raised their price target on shares of InterXion Holding NV from $28.00 to $30.00 in a research note on Thursday. They now have an “outperform” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of InterXion Holding NV to $33.00 in a research note on Friday, August 1st. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. InterXion Holding NV currently has a consensus rating of “Buy” and an average price target of $29.67.
InterXion Holding NV (NASDAQ:INXN) traded down 2.28% on Thursday, hitting $26.58. The stock had a trading volume of 421,186 shares. InterXion Holding NV has a 52 week low of $20.56 and a 52 week high of $28.33. The stock’s 50-day moving average is $27.32 and its 200-day moving average is $25.66. The company has a market cap of $1.836 billion and a price-to-earnings ratio of 136.00.
InterXion Holding NV (NASDAQ:INXN) last released its earnings data on Wednesday, August 6th. The company reported $0.11 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.13 by $0.02. The company had revenue of $83.60 million for the quarter, compared to the consensus estimate of $82.21 million. During the same quarter in the prior year, the company posted $0.10 earnings per share. The company’s quarterly revenue was up 9.3% on a year-over-year basis. Analysts expect that InterXion Holding NV will post $0.57 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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