Barclays PLC Raises InterXion Holding N.V. (NYSE:INXN) Price Target to $56.00
InterXion Holding N.V. (NYSE:INXN) had its target price upped by analysts at Barclays PLC to $56.00 in a report issued on Monday. The brokerage presently has an “overweight” rating on the technology company’s stock. Barclays PLC’s price target suggests a potential upside of 14.38% from the stock’s previous close.
Other equities analysts have also recently issued research reports about the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $50.00 price target (up previously from $48.00) on shares of InterXion Holding N.V. in a report on Tuesday, May 23rd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $49.00 price target on shares of InterXion Holding N.V. in a report on Friday, July 21st. Cowen and Company raised InterXion Holding N.V. from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $45.00 to $54.00 in a report on Wednesday, August 2nd. Citigroup Inc. upped their price target on InterXion Holding N.V. from $44.00 to $46.00 and gave the stock a “buy” rating in a report on Tuesday, April 25th. Finally, Zacks Investment Research raised InterXion Holding N.V. from a “sell” rating to a “hold” rating and set a $47.00 price target for the company in a report on Wednesday, May 3rd. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $52.50.
Shares of InterXion Holding N.V. (NYSE INXN) opened at 48.96 on Monday. The company’s 50 day moving average price is $45.82 and its 200 day moving average price is $41.90. The stock has a market cap of $3.48 billion, a PE ratio of 71.47 and a beta of 0.63. InterXion Holding N.V. has a 52-week low of $32.21 and a 52-week high of $49.19.
InterXion Holding N.V. (NYSE:INXN) last released its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by $0.01. The business had revenue of $120.80 million during the quarter, compared to analyst estimates of $117.13 million. InterXion Holding N.V. had a return on equity of 6.85% and a net margin of 9.25%. The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.13 EPS. On average, analysts anticipate that InterXion Holding N.V. will post $0.75 earnings per share for the current year.
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A number of large investors have recently bought and sold shares of INXN. Oppenheimer Asset Management Inc. purchased a new stake in InterXion Holding N.V. during the first quarter valued at approximately $110,000. First Mercantile Trust Co. purchased a new stake in InterXion Holding N.V. during the second quarter valued at approximately $111,000. Glenmede Trust Co. NA purchased a new stake in InterXion Holding N.V. during the second quarter valued at approximately $113,000. SpiderRock Advisors LLC raised its stake in InterXion Holding N.V. by 259.2% in the second quarter. SpiderRock Advisors LLC now owns 2,687 shares of the technology company’s stock valued at $123,000 after buying an additional 1,939 shares during the period. Finally, Advisor Group Inc. raised its stake in InterXion Holding N.V. by 17.3% in the third quarter. Advisor Group Inc. now owns 3,926 shares of the technology company’s stock valued at $142,000 after buying an additional 580 shares during the period. Institutional investors own 89.46% of the company’s stock.
InterXion Holding N.V. Company Profile
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.
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