InterXion Holding NV (INXN) Receives Consensus Rating of “Buy” from Analysts

Shares of InterXion Holding NV (NYSE:INXN) have been assigned an average rating of “Buy” from the twelve analysts that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $62.67.

A number of analysts have issued reports on the company. BidaskClub raised InterXion from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 4th. Citigroup lifted their price objective on InterXion from $57.00 to $64.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Oppenheimer reissued a “buy” rating and set a $68.00 target price on shares of InterXion in a research report on Tuesday, January 9th. Zacks Investment Research downgraded InterXion from a “buy” rating to a “hold” rating in a research report on Thursday, January 4th. Finally, Guggenheim reissued a “buy” rating and set a $67.00 target price on shares of InterXion in a research report on Thursday.

InterXion (NYSE:INXN) traded up $1.15 during trading hours on Friday, reaching $61.55. The company’s stock had a trading volume of 518,701 shares, compared to its average volume of 408,149. 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 $36.94 and a 1-year high of $61.59. The company has a market cap of $4,308.15, a P/E ratio of 99.27, a price-to-earnings-growth ratio of 6.05 and a beta of 0.56.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Massey Quick Simon & CO. LLC bought a new position in shares of InterXion during the 3rd quarter valued at approximately $133,000. Advisor Group Inc. grew its position in InterXion by 38.7% in the 3rd 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 last quarter. Emerald Advisers Inc. PA bought a new position in InterXion in the 3rd quarter valued at $214,000. Dynamic Technology Lab Private Ltd bought a new position in InterXion in the 3rd quarter valued at $247,000. Finally, Stifel Financial Corp bought a new position in InterXion in the 2nd quarter valued at $227,000. 87.23% of the stock is currently 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.

Analyst Recommendations for InterXion (NYSE:INXN)

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