InterXion (NYSE:INXN) had its price target increased by SunTrust Banks to $76.00 in a report issued on Thursday, The Fly reports. The firm currently has a buy rating on the technology company’s stock. SunTrust Banks also issued estimates for InterXion’s Q1 2018 earnings at $0.22 EPS, Q2 2018 earnings at $0.21 EPS, Q3 2018 earnings at $0.22 EPS, Q4 2018 earnings at $0.22 EPS, FY2018 earnings at $0.88 EPS, Q3 2019 earnings at $0.27 EPS, Q4 2019 earnings at $0.29 EPS and FY2019 earnings at $1.05 EPS.
Other analysts have also recently issued reports about the stock. TheStreet cut shares of InterXion from a b- rating to a c+ rating in a research note on Thursday, March 1st. Raymond James Financial restated an outperform rating and set a $72.00 price target (up from $65.00) on shares of InterXion in a research note on Thursday. Zacks Investment Research cut shares of InterXion from a buy rating to a hold rating in a research note on Thursday, January 4th. Guggenheim restated a buy rating and set a $67.00 price target on shares of InterXion in a research note on Thursday, January 25th. Finally, Oppenheimer restated a buy rating and set a $68.00 price target on shares of InterXion in a research note on Tuesday, January 9th. Two analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of $65.27.
Shares of InterXion (NYSE INXN) opened at $61.00 on Thursday. The company has a market cap of $4,350.95, a P/E ratio of 93.85, a P/E/G ratio of 5.84 and a beta of 0.74. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.72 and a current ratio of 0.63. InterXion has a 52 week low of $38.05 and a 52 week high of $64.00.
A number of institutional investors have recently bought and sold shares of INXN. Massey Quick Simon & CO. LLC bought a new stake in InterXion during the 3rd quarter worth approximately $133,000. Financial Gravity Companies Inc. bought a new stake in InterXion during the 4th quarter worth approximately $140,000. Advisor Group Inc. increased its holdings in InterXion by 38.7% during the 3rd quarter. Advisor Group Inc. now owns 3,840 shares of the technology company’s stock worth $196,000 after acquiring an additional 1,071 shares during the period. LPL Financial LLC bought a new stake in InterXion during the 4th quarter worth approximately $216,000. Finally, AXA bought a new stake in InterXion during the 4th quarter worth approximately $241,000. 86.45% of the stock is currently owned by institutional investors and hedge funds.
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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.
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