InterXion (NYSE:INXN)‘s stock had its “buy” rating reissued by stock analysts at Barclays in a note issued to investors on Friday. They presently have a $72.00 price target on the technology company’s stock. Barclays’ price target would suggest a potential upside of 21.56% from the company’s previous close.

INXN has been the topic of a number of other research reports. BidaskClub lowered shares of InterXion from a “buy” rating to a “hold” rating in a report on Thursday, September 28th. Citigroup reiterated an “outperform” rating and set a $68.00 price target (up previously from $62.00) on shares of InterXion in a report on Tuesday, January 9th. Oppenheimer reiterated a “buy” rating and set a $68.00 price target on shares of InterXion in a report on Tuesday, January 9th. Zacks Investment Research upgraded shares of InterXion from a “hold” rating to a “buy” rating and set a $66.00 price target on the stock in a report on Wednesday, January 3rd. Finally, Wells Fargo & Co reiterated an “outperform” rating and set a $62.00 price target (up previously from $54.00) on shares of InterXion in a report on Thursday, November 2nd. Two research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $60.60.

Shares of InterXion (NYSE INXN) opened at $59.23 on Friday. InterXion has a 52-week low of $36.94 and a 52-week high of $60.50. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.72 and a quick ratio of 0.72. The firm has a market cap of $4,206.87, a P/E ratio of 95.53, a price-to-earnings-growth ratio of 5.91 and a beta of 0.56.

InterXion (NYSE:INXN) last issued its earnings results on Wednesday, November 1st. The technology company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). InterXion had a net margin of 8.76% and a return on equity of 7.07%. equities research analysts expect that InterXion will post 0.69 EPS for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in InterXion by 30.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 195,274 shares of the technology company’s stock valued at $7,202,000 after buying an additional 45,743 shares during the period. Fred Alger Management Inc. acquired a new position in InterXion in the fourth quarter valued at $8,810,000. Lenox Wealth Management Inc. lifted its holdings in InterXion by 26.9% in the third quarter. Lenox Wealth Management Inc. now owns 12,747 shares of the technology company’s stock valued at $649,000 after buying an additional 2,704 shares during the period. Citadel Advisors LLC increased its stake in InterXion by 26.1% in the third quarter. Citadel Advisors LLC now owns 1,417,849 shares of the technology company’s stock valued at $51,354,000 after purchasing an additional 293,642 shares in the last quarter. Finally, Westpac Banking Corp increased its stake in InterXion by 47.6% in the second quarter. Westpac Banking Corp now owns 149,122 shares of the technology company’s stock valued at $6,827,000 after purchasing an additional 48,121 shares in the last quarter. Institutional investors and hedge funds own 86.45% 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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