BidaskClub Upgrades InterXion Holding N.V. (INXN) to Strong-Buy
InterXion Holding N.V. (NYSE:INXN) was upgraded by stock analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday.
Several other analysts have also recently commented on INXN. Citigroup Inc boosted their price target on InterXion Holding N.V. from $57.00 to $64.00 and gave the stock a “buy” rating in a research report on Thursday. Wells Fargo & Company reiterated an “outperform” rating and set a $62.00 price target (up from $54.00) on shares of InterXion Holding N.V. in a research report on Thursday. Stifel Nicolaus reiterated a “buy” rating and set a $55.00 price target (up from $49.00) on shares of InterXion Holding N.V. in a research report on Thursday, August 3rd. Barclays PLC boosted their price target on InterXion Holding N.V. from $45.00 to $56.00 and gave the stock an “overweight” rating in a research report on Monday, August 7th. Finally, Cowen and Company upgraded InterXion Holding N.V. from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $45.00 to $54.00 in a research report on Wednesday, August 2nd. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $55.70.
InterXion Holding N.V. (INXN) traded down $0.26 during trading on Friday, reaching $55.49. The company’s stock had a trading volume of 404,944 shares, compared to its average volume of 315,912. The company has a quick ratio of 0.81, a current ratio of 0.72 and a debt-to-equity ratio of 1.22. InterXion Holding N.V. has a 52 week low of $32.21 and a 52 week high of $56.57. The firm has a market cap of $3.90 billion, a PE ratio of 86.20, a price-to-earnings-growth ratio of 6.19 and a beta of 0.53.
InterXion Holding N.V. (NYSE:INXN) last issued its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.01). InterXion Holding N.V. had a return on equity of 7.07% and a net margin of 8.76%. The firm had revenue of $120.80 million for the quarter, compared to analysts’ expectations of $117.13 million. During the same quarter in the previous year, the firm posted $0.13 earnings per share. The firm’s revenue for the quarter was up 16.2% compared to the same quarter last year. equities analysts predict that InterXion Holding N.V. will post 0.72 EPS for the current year.
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Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Oppenheimer Asset Management Inc. acquired a new position in InterXion Holding N.V. during the first quarter worth $110,000. SpiderRock Advisors LLC boosted its stake in InterXion Holding N.V. by 259.2% during 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. FineMark National Bank & Trust acquired a new position in InterXion Holding N.V. during the second quarter worth $206,000. Emerald Advisers Inc. PA acquired a new position in InterXion Holding N.V. during the third quarter worth $214,000. Finally, Stifel Financial Corp acquired a new position in InterXion Holding N.V. during the second quarter worth $227,000. 88.53% of the stock is currently owned by institutional investors.
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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