Brokerages Set InterXion Holding NV (NYSE:INXN) PT at $80.60

Shares of InterXion Holding NV (NYSE:INXN) have been given an average rating of “Buy” by the ten research firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $82.00.

A number of equities analysts have recently weighed in on INXN shares. Credit Suisse Group set a $82.00 price target on shares of InterXion and gave the stock a “buy” rating in a research note on Thursday. CIBC upped their price target on shares of Quebecor from C$34.00 to C$35.00 in a research note on Friday, May 10th. Oppenheimer set a $2.00 price target on shares of Valeritas and gave the stock a “buy” rating in a research note on Friday, May 10th. Stifel Nicolaus set a $74.00 price target on shares of InterXion and gave the stock a “buy” rating in a research note on Friday, May 10th. Finally, Wells Fargo & Co dropped their price target on shares of Nevro from $75.00 to $70.00 and set an “outperform” rating on the stock in a research note on Monday, May 13th.

A number of institutional investors have recently bought and sold shares of the business. Tortoise Index Solutions LLC acquired a new position in InterXion during the first quarter worth $33,000. Oppenheimer Asset Management Inc. boosted its holdings in InterXion by 7.4% during the first quarter. Oppenheimer Asset Management Inc. now owns 7,775 shares of the technology company’s stock valued at $519,000 after acquiring an additional 539 shares during the period. US Bancorp DE boosted its holdings in InterXion by 6.9% during the first quarter. US Bancorp DE now owns 8,972 shares of the technology company’s stock valued at $599,000 after acquiring an additional 576 shares during the period. Resources Investment Advisors Inc. bought a new stake in InterXion during the fourth quarter valued at about $34,000. Finally, Brinker Capital Inc. boosted its holdings in InterXion by 10.3% during the fourth quarter. Brinker Capital Inc. now owns 8,423 shares of the technology company’s stock valued at $456,000 after acquiring an additional 789 shares during the period. 95.85% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE INXN traded down $0.27 during mid-day trading on Friday, reaching $76.96. The company had a trading volume of 215,255 shares, compared to its average volume of 387,636. InterXion has a twelve month low of $50.05 and a twelve month high of $77.70. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a market capitalization of $5.91 billion, a PE ratio of 116.61, a PEG ratio of 8.67 and a beta of 0.93. The stock has a 50 day simple moving average of $74.88.

InterXion (NYSE:INXN) last posted its quarterly earnings results on Thursday, May 9th. The technology company reported $0.11 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.04). InterXion had a return on equity of 5.60% and a net margin of 4.77%. The company had revenue of $151.53 million during the quarter, compared to analyst estimates of $151.09 million. During the same period last year, the company posted $0.17 earnings per share. The company’s revenue was up 13.3% compared to the same quarter last year. Sell-side analysts forecast that InterXion will post 0.63 EPS for the current fiscal year.

About InterXion

InterXion Holding N.V. provides carrier and cloud-neutral colocation data center services in France, Germany, the Netherlands, the United Kingdom, Austria, Belgium, Denmark, Ireland, Spain, Sweden, and Switzerland. The company enables its customers to connect to a range of telecommunications carriers, cloud platforms, Internet service providers, and other customers.

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Analyst Recommendations for InterXion (NYSE:INXN)

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