Credit Suisse Group set a $82.00 target price on InterXion (NYSE:INXN) in a research report sent to investors on Thursday, The Fly reports. The brokerage currently has a buy rating on the technology company’s stock.
Other research analysts have also recently issued reports about the company. ValuEngine cut Intersect ENT from a buy rating to a hold rating in a research report on Monday, June 3rd. CIBC upped their price objective on Quebecor from C$34.00 to C$35.00 in a research report on Friday, May 10th. Wells Fargo & Co lowered their price objective on Nevro from $75.00 to $70.00 and set an outperform rating for the company in a research report on Monday, May 13th. Oppenheimer set a $2.00 price objective on Valeritas and gave the stock a buy rating in a research report on Friday, May 10th. Finally, Stifel Nicolaus set a $74.00 price objective on InterXion and gave the stock a buy rating in a research report on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. InterXion presently has an average rating of Buy and a consensus target price of $82.00.
INXN traded down $0.29 on Thursday, hitting $76.94. 2,005 shares of the company were exchanged, compared to its average volume of 387,289. InterXion has a twelve month low of $50.05 and a twelve month high of $77.70. The stock has a market capitalization of $5.92 billion, a P/E ratio of 116.42, a price-to-earnings-growth ratio of 8.68 and a beta of 0.93. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 2.56. The business has a 50-day moving average price of $74.81.
Several institutional investors have recently bought and sold shares of INXN. Tortoise Index Solutions LLC purchased a new stake in shares of InterXion in the 1st quarter valued at about $33,000. Campbell & CO Investment Adviser LLC purchased a new stake in shares of InterXion in the 1st quarter valued at about $210,000. Jane Street Group LLC purchased a new stake in shares of InterXion in the 4th quarter valued at about $226,000. Citigroup Inc. lifted its holdings in shares of InterXion by 70.9% in the 4th quarter. Citigroup Inc. now owns 5,171 shares of the technology company’s stock valued at $280,000 after purchasing an additional 2,145 shares during the last quarter. Finally, Financial Counselors Inc. purchased a new stake in shares of InterXion in the 1st quarter valued at about $299,000. 95.85% of the stock is owned by institutional investors and hedge funds.
InterXion Company Profile
InterXion Holding N.V. provides carrier and cloud-neutral colocation data center services in France, Germany, the Netherlands, the United Kingdom, Austria, Belgium, Denmark, Ireland, Spain, Sweden, and Switzerland. The company enables its customers to connect to a range of telecommunications carriers, cloud platforms, Internet service providers, and other customers.
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