InterXion (NYSE:INXN)‘s stock had its “buy” rating reaffirmed by stock analysts at SunTrust Banks in a report issued on Thursday. They presently have a $68.00 price objective on the technology company’s stock. SunTrust Banks’ price objective would indicate a potential upside of 22.83% from the stock’s previous close.

A number of other research firms also recently commented on INXN. BidaskClub raised shares of InterXion from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 4th. Citigroup raised their target price on InterXion from $57.00 to $64.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. Wells Fargo & Company reiterated an “outperform” rating and issued a $62.00 target price (up from $54.00) on shares of InterXion in a research note on Thursday, November 2nd. Barclays raised their target price on InterXion from $56.00 to $60.00 and gave the company an “overweight” rating in a research note on Wednesday, October 18th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $55.00 target price on shares of InterXion in a research note on Thursday, September 14th. One equities research analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $56.80.

InterXion (NYSE:INXN) traded up $0.08 during trading on Thursday, reaching $55.36. 390,600 shares of the company’s stock were exchanged, compared to its average volume of 427,135. The firm has a market capitalization of $3,942.96, a P/E ratio of 86.38, a PEG ratio of 6.28 and a beta of 0.56. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.22. InterXion has a 1 year low of $32.71 and a 1 year high of $59.14.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Massey Quick Simon & CO. LLC bought a new stake in shares of InterXion during the third quarter valued at approximately $133,000. Oppenheimer Asset Management Inc. grew its position in InterXion by 19.6% in the second quarter. Oppenheimer Asset Management Inc. now owns 3,363 shares of the technology company’s stock valued at $153,000 after acquiring an additional 552 shares during the period. Advisor Group Inc. grew its position in InterXion by 38.7% in the third quarter. Advisor Group Inc. now owns 3,840 shares of the technology company’s stock valued at $196,000 after acquiring an additional 1,071 shares during the period. Emerald Advisers Inc. PA bought a new stake in shares of InterXion during the third quarter worth $214,000. Finally, Stifel Financial Corp bought a new stake in shares of InterXion during the second quarter worth $227,000. Institutional investors and hedge funds own 86.55% of the company’s stock.

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InterXion 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 (NYSE:INXN)

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