Oppenheimer reissued their buy rating on shares of InterXion (NYSE:INXN) in a research report released on Tuesday. Oppenheimer currently has a $68.00 target price on the technology company’s stock. Oppenheimer also issued estimates for InterXion’s FY2018 earnings at $0.95 EPS and FY2019 earnings at $1.14 EPS.
INXN has been the topic of several other reports. Zacks Investment Research upgraded shares of InterXion from a hold rating to a buy rating and set a $57.00 target price on the stock in a research report on Wednesday, October 4th. SunTrust Banks restated a buy rating and set a $57.00 target price on shares of InterXion in a research report on Thursday, October 12th. BidaskClub upgraded shares of InterXion from a buy rating to a strong-buy rating in a research report on Saturday, November 4th. Stifel Nicolaus restated a buy rating and set a $55.00 target price on shares of InterXion in a research report on Thursday, September 14th. Finally, Citigroup boosted their target price on shares of InterXion from $57.00 to $64.00 and gave the stock a buy rating in a research report on Thursday, November 2nd. Two analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of Buy and an average target price of $59.40.
InterXion (NYSE:INXN) traded down $0.49 during trading hours on Tuesday, reaching $58.15. 539,823 shares of the company were exchanged, compared to its average volume of 566,789. InterXion has a 1 year low of $36.94 and a 1 year high of $60.50. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.22. The stock has a market cap of $4,170.00, a price-to-earnings ratio of 96.92, a price-to-earnings-growth ratio of 5.95 and a beta of 0.56.
Several hedge funds and other institutional investors have recently modified their holdings of INXN. Massey Quick Simon & CO. LLC purchased a new stake in shares of InterXion during the 3rd quarter worth $133,000. Oppenheimer Asset Management Inc. boosted its position in shares of InterXion by 19.6% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 3,363 shares of the technology company’s stock worth $153,000 after buying an additional 552 shares in the last quarter. Advisor Group Inc. boosted its position in shares of InterXion by 38.7% in the 3rd quarter. Advisor Group Inc. now owns 3,840 shares of the technology company’s stock worth $196,000 after buying an additional 1,071 shares in the last quarter. Emerald Advisers Inc. PA purchased a new stake in shares of InterXion in the 3rd quarter worth about $214,000. Finally, Stifel Financial Corp purchased a new stake in shares of InterXion in the 2nd quarter worth about $227,000. Institutional investors own 86.45% of the company’s stock.
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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