InterXion Holding N.V. (NYSE:INXN) had its target price raised by Barclays PLC from $56.00 to $60.00 in a report published on Wednesday, October 18th. Barclays PLC currently has an overweight rating on the technology company’s stock.
A number of other equities analysts have also recently commented on the company. SunTrust Banks, Inc. reiterated a buy rating and set a $57.00 price target on shares of InterXion Holding N.V. in a report on Thursday, October 12th. BidaskClub upgraded InterXion Holding N.V. from a hold rating to a buy rating in a report on Thursday, October 5th. Zacks Investment Research upgraded InterXion Holding N.V. from a hold rating to a buy rating and set a $57.00 price target for the company in a report on Wednesday, October 4th. Stifel Nicolaus reiterated a buy rating and set a $55.00 price target on shares of InterXion Holding N.V. in a report on Thursday, September 14th. Finally, Cowen and Company upgraded InterXion Holding N.V. from a neutral rating to an outperform rating and lifted their price target for the stock from $45.00 to $54.00 in a report on Tuesday, August 8th. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. InterXion Holding N.V. presently has a consensus rating of Buy and a consensus price target of $53.67.
Shares of InterXion Holding N.V. (NYSE:INXN) traded up 1.11% during midday trading on Wednesday, hitting $52.85. The company had a trading volume of 368,253 shares. InterXion Holding N.V. has a 12 month low of $32.21 and a 12 month high of $53.65. The stock’s 50-day moving average price is $51.35 and its 200-day moving average price is $47.14. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 74.96 and a beta of 0.57.
InterXion Holding N.V. (NYSE:INXN) last released its earnings results on Wednesday, August 2nd. The technology company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The company had revenue of $120.80 million during the quarter, compared to analyst estimates of $117.13 million. InterXion Holding N.V. had a net margin of 9.25% and a return on equity of 6.85%. InterXion Holding N.V.’s revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.13 EPS. On average, equities research analysts forecast that InterXion Holding N.V. will post $0.73 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 company. SpiderRock Advisors LLC raised its position in shares of InterXion Holding N.V. by 259.2% in the second quarter. SpiderRock Advisors LLC now owns 2,687 shares of the technology company’s stock valued at $123,000 after buying an additional 1,939 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new position in InterXion Holding N.V. during the first quarter valued at approximately $110,000. BNP Paribas Arbitrage SA raised its position in InterXion Holding N.V. by 6.8% during the first quarter. BNP Paribas Arbitrage SA now owns 3,950 shares of the technology company’s stock valued at $156,000 after purchasing an additional 250 shares in the last quarter. FineMark National Bank & Trust acquired a new position in InterXion Holding N.V. during the second quarter valued at approximately $206,000. Finally, Stifel Financial Corp acquired a new position in InterXion Holding N.V. during the second quarter valued at approximately $227,000. Institutional investors own 88.43% of the company’s stock.
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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