InterXion Holding N.V. (NYSE:INXN) was upgraded by research analysts at Cowen and Company to an “outperform” rating in a note issued to investors on Tuesday.

The analysts wrote, “Quarterly results were solid and we believe the company is well positioned to continue to capitalize on the strong secular tailwinds in the data center sector that we anticipate should continue to drive our PT higher,”

Several other brokerages also recently commented on INXN. Zacks Investment Research upgraded shares of InterXion Holding N.V. from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a research report on Thursday, August 3rd. Stifel Nicolaus restated a “buy” rating and issued a $55.00 price target (up previously from $49.00) on shares of InterXion Holding N.V. in a research report on Thursday, August 3rd. Oppenheimer Holdings, Inc. upped their price target on shares of InterXion Holding N.V. from $48.00 to $55.00 and gave the company an “outperform” rating in a research report on Thursday, August 3rd. Barclays PLC upped their price target on shares of InterXion Holding N.V. from $45.00 to $56.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Citigroup Inc. upped their price target on shares of InterXion Holding N.V. from $44.00 to $46.00 and gave the company a “buy” rating in a research report on Tuesday, April 25th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $52.50.

Shares of InterXion Holding N.V. (INXN) traded up 0.39% on Tuesday, reaching $48.82. The company’s stock had a trading volume of 168,724 shares. The stock has a market capitalization of $3.47 billion, a PE ratio of 71.27 and a beta of 0.63. The stock has a 50-day moving average of $46.25 and a 200 day moving average of $42.05. InterXion Holding N.V. has a 1-year low of $32.21 and a 1-year high of $49.83.

InterXion Holding N.V. (NYSE:INXN) last issued its earnings results on Wednesday, August 2nd. The technology company reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by $0.01. The business had revenue of $120.80 million for the quarter, compared to the consensus estimate of $117.13 million. InterXion Holding N.V. had a return on equity of 6.85% and a net margin of 9.25%. The company’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.13 earnings per share. On average, equities analysts forecast that InterXion Holding N.V. will post $0.74 EPS for the current year.

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Large investors have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. bought a new stake in InterXion Holding N.V. during the first quarter worth about $110,000. First Mercantile Trust Co. bought a new stake in InterXion Holding N.V. during the second quarter worth about $111,000. Glenmede Trust Co. NA bought a new stake in InterXion Holding N.V. during the second quarter worth about $113,000. SpiderRock Advisors LLC increased 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 worth $123,000 after buying an additional 1,939 shares during the last quarter. Finally, Advisor Group Inc. increased 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 worth $142,000 after buying an additional 580 shares during the last quarter. Institutional investors own 89.46% of the company’s stock.

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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