InterXion Holding N.V. (NYSE:INXN) Receives $50.57 Average PT from Analysts

Shares of InterXion Holding N.V. (NYSE:INXN) have been assigned an average rating of “Buy” from the eleven analysts that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $52.14.

Several brokerages recently commented on INXN. Oppenheimer Holdings, Inc. boosted their price target on InterXion Holding N.V. from $48.00 to $55.00 and gave the stock an “outperform” rating in a research report on Thursday, August 3rd. Stifel Nicolaus reiterated a “buy” rating and set a $55.00 price target (up from $49.00) on shares of InterXion Holding N.V. in a research report on Thursday, August 3rd. Zacks Investment Research upgraded InterXion Holding N.V. from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a research report on Thursday, August 3rd. Barclays PLC boosted their price target on InterXion Holding N.V. from $45.00 to $56.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Cowen and Company raised InterXion Holding N.V. from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $45.00 to $54.00 in a research note on Wednesday, August 2nd.

InterXion Holding N.V. (INXN) traded up 0.43% on Friday, hitting $48.84. The stock had a trading volume of 24,593 shares. The company has a market cap of $3.47 billion, a PE ratio of 71.30 and a beta of 0.63. The company has a 50-day moving average of $45.82 and a 200 day moving average of $41.90. InterXion Holding N.V. has a 12 month low of $32.21 and a 12 month high of $48.88.

InterXion Holding N.V. (NYSE:INXN) last issued its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.01. InterXion Holding N.V. had a return on equity of 6.85% and a net margin of 9.25%. The firm had revenue of $120.80 million for the quarter, compared to analysts’ expectations of $117.13 million. During the same quarter in the previous year, the firm posted $0.13 earnings per share. The firm’s revenue for the quarter was up 16.2% compared to the same quarter last year. On average, analysts predict that InterXion Holding N.V. will post $0.74 EPS for the current fiscal year.

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A number of institutional investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its position in shares of InterXion Holding N.V. by 0.8% in the first quarter. PNC Financial Services Group Inc. now owns 9,235 shares of the technology company’s stock valued at $366,000 after buying an additional 77 shares during the period. Gamco Investors INC. ET AL raised its position in shares of InterXion Holding N.V. by 0.4% in the first quarter. Gamco Investors INC. ET AL now owns 24,976 shares of the technology company’s stock valued at $988,000 after buying an additional 89 shares during the period. 1st Global Advisors Inc. raised its position in shares of InterXion Holding N.V. by 2.7% in the first quarter. 1st Global Advisors Inc. now owns 8,422 shares of the technology company’s stock valued at $333,000 after buying an additional 218 shares during the period. BNP Paribas Arbitrage SA raised its position in shares of InterXion Holding N.V. by 6.8% in the first quarter. BNP Paribas Arbitrage SA now owns 3,950 shares of the technology company’s stock valued at $156,000 after buying an additional 250 shares during the period. Finally, Bank of Montreal Can raised its position in shares of InterXion Holding N.V. by 7.5% in the first quarter. Bank of Montreal Can now owns 5,064 shares of the technology company’s stock valued at $200,000 after buying an additional 354 shares during the period. 89.46% of the stock is currently owned by institutional investors.

About InterXion Holding N.V.

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 Holding N.V. (NYSE:INXN)

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