Shares of InterXion Holding N.V. (NYSE:INXN) have been assigned a consensus recommendation of “Buy” from the twelve brokerages that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $46.63.

Several analysts recently issued reports on INXN shares. Royal Bank Of Canada reiterated a “buy” rating and set a $45.00 price target on shares of InterXion Holding N.V. in a research report on Friday, April 21st. Stifel Nicolaus reiterated a “buy” rating on shares of InterXion Holding N.V. in a research report on Tuesday, April 25th. ValuEngine raised shares of InterXion Holding N.V. from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research raised shares of InterXion Holding N.V. from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research note on Wednesday, May 31st. Finally, Citigroup Inc. increased their price objective on shares of InterXion Holding N.V. from $44.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, June 6th.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Oppenheimer Asset Management Inc. acquired a new position in shares of InterXion Holding N.V. during the first quarter worth about $110,000. BNP Paribas Arbitrage SA raised its position in InterXion Holding N.V. by 6.8% in the first quarter. BNP Paribas Arbitrage SA now owns 3,950 shares of the technology company’s stock worth $156,000 after buying an additional 250 shares during the last quarter. Bank of Montreal Can raised its position in InterXion Holding N.V. by 7.5% in the first quarter. Bank of Montreal Can now owns 5,064 shares of the technology company’s stock worth $200,000 after buying an additional 354 shares during the last quarter. Engineers Gate Manager LP purchased a new position in InterXion Holding N.V. during the first quarter worth $230,000. Finally, SG Americas Securities LLC purchased a new position in InterXion Holding N.V. during the first quarter worth $231,000. Hedge funds and other institutional investors own 88.15% of the company’s stock.

Shares of InterXion Holding N.V. (NYSE:INXN) traded up 1.25% on Tuesday, reaching $45.31. 282,812 shares of the company’s stock were exchanged. InterXion Holding N.V. has a 12 month low of $32.21 and a 12 month high of $46.67. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 69.82 and a beta of 0.63. The firm’s 50-day moving average price is $44.78 and its 200 day moving average price is $40.13.

InterXion Holding N.V. (NYSE:INXN) last announced its earnings results on Wednesday, May 3rd. The technology company reported $0.16 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.16. InterXion Holding N.V. had a net margin of 9.33% and a return on equity of 6.80%. The firm had revenue of $113.90 million for the quarter, compared to analyst estimates of $112.86 million. During the same quarter in the prior year, the business posted $0.14 EPS. The business’s revenue was up 11.7% compared to the same quarter last year. Equities research analysts predict that InterXion Holding N.V. will post $0.76 EPS for the current fiscal year.

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About InterXion Holding N.V.

InterXion Holding N.V. is a provider of carrier and cloud neutral colocation data center services in Europe. The Company operates through two segments: France, Germany, The Netherlands and UK, and rest of Europe, which consists of its operations in Austria, Belgium, Denmark, Ireland, Spain, Sweden and Switzerland.

Analyst Recommendations for InterXion Holding N.V. (NYSE:INXN)

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