Stifel Nicolaus Believes Interxion Holding NV (INXN) Still Has Room to Grow


In a report released yesterday, Erik Rasmussen from Stifel Nicolaus reiterated a Buy rating on Interxion Holding NV (NYSE: INXN), with a price target of $74. The company’s shares closed yesterday at $64.65, close to its 52-week high of $67.19.

According to TipRanks.com, Rasmussen is a 2-star analyst with an average return of 3.6% and a 100.0% success rate. Rasmussen covers the Financial sector, focusing on stocks such as QTS Realty Trust, Coresite Realty, and Digital Realty.

Interxion Holding NV has an analyst consensus of Strong Buy, with a price target consensus of $72.33, which is an 11.9% upside from current levels. In a report released yesterday, Oppenheimer also assigned a Buy rating to the stock with a $70 price target.

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Based on Interxion Holding NV’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $14.33 million. In comparison, last year the company had a net profit of $11.39 million.

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InterXion Holding NV engages in the provision of carrier and cloud-neutral data centre services. It operates through the following business segments: Big4, Rest of Europe, and Corporate and Other. The Big4 segment is comprised of France, Germany, the Netherlands, and the United Kingdom.

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