The Analysts Set InterXion Holding NV (INXN) PT at $38.80

The Analysts Set InterXion Holding NV (INXN) PT at $38.80

InterXion Holding NV (NYSE:INXN) has been given a consensus rating of “Buy” by the ten research firms that are covering the firm. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $38.80.

Several research analysts have issued reports on the stock. Zacks Investment Research lowered shares of InterXion Holding NV from a “hold” rating to a “sell” rating in a report on Tuesday, August 2nd. Wells Fargo & Co. reiterated a “buy” rating on shares of InterXion Holding NV in a research note on Wednesday, September 28th. Finally, Pacific Crest reiterated a “hold” rating on shares of InterXion Holding NV in a research note on Thursday, November 3rd.

A number of hedge funds have recently made changes to their positions in INXN. Principal Financial Group Inc. raised its stake in shares of InterXion Holding NV by 25.3% in the third quarter. Principal Financial Group Inc. now owns 3,245,409 shares of the company’s stock worth $117,549,000 after buying an additional 655,917 shares during the period. Echo Street Capital Management LLC raised its stake in shares of InterXion Holding NV by 4.4% in the third quarter. Echo Street Capital Management LLC now owns 1,688,910 shares of the company’s stock worth $61,172,000 after buying an additional 70,777 shares during the period. Citadel Advisors LLC raised its stake in shares of InterXion Holding NV by 26.1% in the third quarter. Citadel Advisors LLC now owns 1,417,849 shares of the company’s stock worth $51,354,000 after buying an additional 293,642 shares during the period. Artisan Partners Limited Partnership acquired a new stake in shares of InterXion Holding NV during the second quarter worth approximately $50,851,000. Finally, Victory Capital Management Inc. acquired a new stake in shares of InterXion Holding NV during the third quarter worth approximately $46,294,000. Institutional investors and hedge funds own 87.56% of the company’s stock.

Shares of InterXion Holding NV (NYSE:INXN) opened at 34.49 on Friday. The firm has a market cap of $2.43 billion, a PE ratio of 55.27 and a beta of 1.00. The firm has a 50-day moving average of $36.42 and a 200-day moving average of $36.82. InterXion Holding NV has a 52 week low of $26.75 and a 52 week high of $38.85.

InterXion Holding NV (NYSE:INXN) last released its quarterly earnings results on Wednesday, November 2nd. The company reported $0.13 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.13. InterXion Holding NV had a net margin of 10.18% and a return on equity of 7.58%. The firm earned $105.28 million during the quarter, compared to analyst estimates of $117.84 million. During the same quarter last year, the business earned $0.15 EPS. The company’s revenue was up 7.5% compared to the same quarter last year. On average, analysts expect that InterXion Holding NV will post $0.61 EPS for the current year.

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