InterXion Holding NV (NYSE:INXN) – Stock analysts at SunTrust Banks lifted their FY2017 earnings per share (EPS) estimates for InterXion in a report issued on Wednesday. SunTrust Banks analyst G. Miller now forecasts that the technology company will post earnings of $0.72 per share for the year, up from their prior estimate of $0.71. SunTrust Banks currently has a “Buy” rating and a $68.00 target price on the stock.

A number of other equities research analysts have also recently issued reports on the stock. BidaskClub upgraded shares of InterXion from a “hold” rating to a “buy” rating in a report on Thursday, October 5th. Stifel Nicolaus reissued a “buy” rating and set a $55.00 target price on shares of InterXion in a research report on Thursday, September 14th. Barclays boosted their target price on shares of InterXion from $56.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 18th. Citigroup boosted their target price on shares of InterXion from $57.00 to $64.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Finally, Wells Fargo & Company reissued an “outperform” rating and set a $62.00 target price (up previously from $54.00) on shares of InterXion in a research report on Thursday, November 2nd. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $56.80.

Shares of InterXion (NYSE INXN) opened at $56.78 on Monday. The stock has a market cap of $4,049.95, a price-to-earnings ratio of 88.72, a P/E/G ratio of 6.45 and a beta of 0.56. InterXion has a fifty-two week low of $33.82 and a fifty-two week high of $59.14. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.22.

A number of institutional investors have recently added to or reduced their stakes in INXN. State Street Corp raised its position in shares of InterXion by 5.8% during the first quarter. State Street Corp now owns 398,805 shares of the technology company’s stock valued at $15,780,000 after buying an additional 21,879 shares during the last quarter. Aperio Group LLC raised its position in shares of InterXion by 50.1% during the second quarter. Aperio Group LLC now owns 15,520 shares of the technology company’s stock valued at $711,000 after buying an additional 5,183 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of InterXion by 81.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 15,292 shares of the technology company’s stock valued at $701,000 after buying an additional 6,863 shares during the last quarter. Legal & General Group Plc raised its position in shares of InterXion by 23.5% during the second quarter. Legal & General Group Plc now owns 139,758 shares of the technology company’s stock valued at $6,398,000 after buying an additional 26,575 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its position in shares of InterXion by 48.1% during the second quarter. BNP Paribas Arbitrage SA now owns 5,850 shares of the technology company’s stock valued at $268,000 after buying an additional 1,900 shares during the last quarter. 86.55% of the stock is owned by hedge funds and other institutional investors.

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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.

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