InterXion Holding NV (INXN) Rating Reiterated by Wells Fargo & Co.
InterXion Holding NV (NYSE:INXN)‘s stock had its “buy” rating reaffirmed by investment analysts at Wells Fargo & Co. in a note issued to investors on Wednesday.
Other research analysts have also recently issued reports about the stock. SunTrust Banks Inc. initiated coverage on shares of InterXion Holding NV in a research report on Thursday, July 21st. They set a “buy” rating and a $45.00 target price on the stock. Jefferies Group cut shares of InterXion Holding NV from a “buy” rating to a “hold” rating in a research report on Monday, June 13th. Finally, Zacks Investment Research raised shares of InterXion Holding NV from a “sell” rating to a “hold” rating in a research report on Monday, September 19th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $36.80.
Shares of InterXion Holding NV (NYSE:INXN) opened at 36.43 on Wednesday. InterXion Holding NV has a 52 week low of $26.50 and a 52 week high of $38.72. The company’s 50-day moving average is $37.17 and its 200-day moving average is $36.14. The firm has a market cap of $2.57 billion, a PE ratio of 55.36 and a beta of 1.07.
InterXion Holding NV (NYSE:INXN) last posted its earnings results on Wednesday, August 3rd. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by $0.01. InterXion Holding NV had a return on equity of 7.79% and a net margin of 10.35%. The firm had revenue of $104.03 million for the quarter, compared to analyst estimates of $104.18 million. During the same period in the previous year, the firm posted $0.31 earnings per share. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. Analysts forecast that InterXion Holding NV will post $0.62 EPS for the current fiscal year.
Large investors have recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its stake in InterXion Holding NV by 22.5% in the second quarter. Principal Financial Group Inc. now owns 2,589,492 shares of the company’s stock valued at $95,500,000 after buying an additional 475,235 shares during the period. Artisan Partners Limited Partnership acquired a new stake in InterXion Holding NV during the second quarter valued at $50,851,000. Heitman Real Estate Securities LLC raised its stake in InterXion Holding NV by 22.4% in the first quarter. Heitman Real Estate Securities LLC now owns 1,259,752 shares of the company’s stock valued at $43,562,000 after buying an additional 230,952 shares during the period. RS Investment Management Co. LLC raised its stake in InterXion Holding NV by 54.2% in the second quarter. RS Investment Management Co. LLC now owns 1,097,928 shares of the company’s stock valued at $40,492,000 after buying an additional 385,898 shares during the period. Finally, Rockefeller Financial Services Inc. raised its stake in InterXion Holding NV by 0.4% in the second quarter. Rockefeller Financial Services Inc. now owns 1,023,617 shares of the company’s stock valued at $37,751,000 after buying an additional 3,852 shares during the period. Hedge funds and other institutional investors own 85.28% of the company’s stock.
About InterXion Holding NV
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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