InterXion (NYSE:INXN) Given a $82.00 Price Target by Credit Suisse Group Analysts

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.



InterXion (NYSE:INXN) last released its quarterly earnings data on Thursday, May 9th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.04). The business had revenue of $151.53 million for the quarter, compared to analyst estimates of $151.09 million. InterXion had a return on equity of 5.60% and a net margin of 4.77%. The company’s revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.17 earnings per share. Research analysts forecast that InterXion will post 0.63 earnings per share for the current fiscal year.

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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Analyst Recommendations for InterXion (NYSE:INXN)

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