InterXion (INXN) Given “Outperform” Rating at Citigroup
InterXion (NYSE:INXN)‘s stock had its “outperform” rating reiterated by Citigroup in a research report issued to clients and investors on Tuesday, The Fly reports. They presently have a $68.00 price objective on the technology company’s stock, up from their previous price objective of $62.00. Citigroup’s price objective suggests a potential upside of 14.40% from the stock’s current price.
Several other analysts also recently commented on the company. BidaskClub upgraded InterXion from a “hold” rating to a “buy” rating in a research note on Thursday, October 5th. SunTrust Banks reiterated a “buy” rating and set a $57.00 target price on shares of InterXion in a research note on Thursday, October 12th. Stifel Nicolaus reiterated a “buy” rating and set a $55.00 target price on shares of InterXion in a research note on Thursday, September 14th. Zacks Investment Research downgraded InterXion from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. Finally, Barclays increased their target price on InterXion from $56.00 to $60.00 and gave the company an “overweight” rating in a research note on Wednesday, October 18th. Two research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $58.10.
Shares of InterXion (NYSE:INXN) opened at $59.44 on Tuesday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.72 and a current ratio of 0.72. InterXion has a 52 week low of $36.41 and a 52 week high of $59.50. The company has a market capitalization of $4,180.00, a price-to-earnings ratio of 99.07, a price-to-earnings-growth ratio of 5.95 and a beta of 0.56.
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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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