Shares of InterXion Holding N.V. (NYSE:INXN) have been given an average rating of “Buy” by the twelve ratings firms that are covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $52.14.

INXN has been the topic of several research analyst reports. Zacks Investment Research downgraded InterXion Holding N.V. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. ValuEngine raised InterXion Holding N.V. from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $55.00 price target on shares of InterXion Holding N.V. in a research report on Thursday, September 14th. Citigroup Inc. raised their price target on InterXion Holding N.V. from $44.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, June 6th. Finally, BidaskClub downgraded InterXion Holding N.V. from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 14th.

Shares of InterXion Holding N.V. (NYSE:INXN) traded down 0.28% on Friday, reaching $50.02. The company had a trading volume of 287,733 shares. The firm has a market capitalization of $3.45 billion, a PE ratio of 70.95 and a beta of 0.63. InterXion Holding N.V. has a 52-week low of $32.21 and a 52-week high of $52.15. The company has a 50-day moving average price of $50.04 and a 200-day moving average price of $44.73.

InterXion Holding N.V. (NYSE:INXN) last issued its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate 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 net margin of 9.25% and a return on equity of 6.85%. The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.13 earnings per share. Equities research analysts forecast that InterXion Holding N.V. will post $0.74 EPS for the current fiscal year.

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A number of hedge funds have recently added to or reduced their stakes in INXN. Bank of Montreal Can grew its position in InterXion Holding N.V. by 7.5% during 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 in the last quarter. Nationwide Fund Advisors grew its position in InterXion Holding N.V. by 9,563.1% during the first quarter. Nationwide Fund Advisors now owns 50,248 shares of the technology company’s stock worth $1,988,000 after buying an additional 49,728 shares in the last quarter. Bank of New York Mellon Corp grew its position in InterXion Holding N.V. by 20.3% during the first quarter. Bank of New York Mellon Corp now owns 64,974 shares of the technology company’s stock worth $2,570,000 after buying an additional 10,943 shares in the last quarter. BNP Paribas Arbitrage SA grew its position in InterXion Holding N.V. by 6.8% during 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 in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in InterXion Holding N.V. by 8.1% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,951 shares of the technology company’s stock worth $473,000 after buying an additional 900 shares in the last quarter. 88.37% of the stock is currently owned by institutional investors and hedge funds.

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.

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

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