InterXion Holding NV (INXN) Given Consensus Rating of “Buy” by Brokerages

InterXion Holding NV (NYSE:INXN) has earned an average rating of “Buy” from the nine research firms that are covering the company. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $43.60.

INXN has been the topic of a number of recent research reports. Zacks Investment Research upgraded InterXion Holding NV from a “sell” rating to a “hold” rating in a research note on Tuesday, March 7th. Guggenheim upgraded InterXion Holding NV from a “neutral” rating to a “buy” rating and lifted their price target for the company from $38.00 to $43.00 in a research note on Wednesday, February 15th. Oppenheimer Holdings Inc. reiterated an “outperform” rating and issued a $44.00 price target (up previously from $40.00) on shares of InterXion Holding NV in a research note on Friday, March 3rd. Finally, Barclays PLC reiterated a “buy” rating and issued a $45.00 price target on shares of InterXion Holding NV in a research note on Thursday, March 2nd.

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Shares of InterXion Holding NV (NYSE:INXN) traded down 0.67% during mid-day trading on Friday, reaching $39.97. 709,438 shares of the company’s stock traded hands. The company has a market capitalization of $2.82 billion, a P/E ratio of 67.06 and a beta of 0.94. InterXion Holding NV has a 1-year low of $32.21 and a 1-year high of $40.66. The firm has a 50-day moving average price of $39.23 and a 200-day moving average price of $37.24.

InterXion Holding NV (NYSE:INXN) last posted its quarterly earnings data on Wednesday, March 1st. The technology company reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.02. InterXion Holding NV had a return on equity of 7.58% and a net margin of 10.18%. The company had revenue of $110.50 million for the quarter, compared to the consensus estimate of $115.49 million. During the same quarter last year, the business earned $0.17 EPS. InterXion Holding NV’s revenue was up 9.7% on a year-over-year basis. On average, equities research analysts forecast that InterXion Holding NV will post $0.70 earnings per share for the current fiscal year.

Large investors have recently added to or reduced their stakes in the stock. Kayne Anderson Rudnick Investment Management LLC increased its stake in InterXion Holding NV by 12.7% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 75,808 shares of the technology company’s stock valued at $2,746,000 after buying an additional 8,535 shares during the period. Alpine Woods Capital Investors LLC purchased a new stake in InterXion Holding NV during the third quarter valued at $2,717,000. Advisor Group Inc. increased its stake in InterXion Holding NV by 17.3% in the third quarter. Advisor Group Inc. now owns 3,926 shares of the technology company’s stock valued at $142,000 after buying an additional 580 shares during the period. SG Americas Securities LLC purchased a new stake in InterXion Holding NV during the third quarter valued at $1,199,000. Finally, Ameriprise Financial Inc. increased its position in shares of InterXion Holding NV by 5.8% in the third quarter. Ameriprise Financial Inc. now owns 174,722 shares of the technology company’s stock valued at $6,329,000 after buying an additional 9,556 shares during the last quarter. 87.53% of the stock is currently owned by institutional investors.

InterXion Holding NV 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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