Time to Reconsider InterXion Holding N.V. (INXN) After Making 52-Week High?

April 24, 2018 - By Migdalia James

InterXion Holding N.V. (NYSE:INXN) Logo

The stock of InterXion Holding N.V. (NYSE:INXN) hit a new 52-week high and has $70.11 target or 9.00 % above today’s $64.32 share price. The 5 months bullish chart indicates low risk for the $4.59B company. The 1-year high was reported on Apr, 24 by Barchart.com. If the $70.11 price target is reached, the company will be worth $413.37 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.14% or $0.09 during the last trading session, reaching $64.32. About 94,143 shares traded. InterXion Holding N.V. (NYSE:INXN) has risen 59.68% since April 24, 2017 and is uptrending. It has outperformed by 48.13% the S&P500.

Analysts await InterXion Holding N.V. (NYSE:INXN) to report earnings on May, 3 before the open. They expect $0.21 earnings per share, up 31.25 % or $0.05 from last year’s $0.16 per share. INXN’s profit will be $15.00M for 76.57 P/E if the $0.21 EPS becomes a reality. After $0.20 actual earnings per share reported by InterXion Holding N.V. for the previous quarter, Wall Street now forecasts 5.00 % EPS growth.

InterXion Holding N.V. (NYSE:INXN) Ratings Coverage

Among 9 analysts covering Interxion Holding NV (NYSE:INXN), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Interxion Holding NV had 13 analyst reports since November 1, 2017 according to SRatingsIntel. Guggenheim maintained it with “Buy” rating and $69.0 target in Thursday, March 8 report. On Thursday, March 8 the stock rating was maintained by Raymond James with “Outperform”. The stock of InterXion Holding N.V. (NYSE:INXN) earned “Buy” rating by Oppenheimer on Wednesday, November 1. Wells Fargo maintained the stock with “Buy” rating in Thursday, November 2 report. As per Thursday, November 2, the company rating was maintained by Citigroup. The firm has “Buy” rating given on Friday, November 3 by RBC Capital Markets. The rating was maintained by Barclays Capital on Thursday, March 8 with “Overweight”. SunTrust maintained the stock with “Buy” rating in Wednesday, December 6 report. RBC Capital Markets maintained InterXion Holding N.V. (NYSE:INXN) on Thursday, March 8 with “Buy” rating. The stock of InterXion Holding N.V. (NYSE:INXN) has “Outperform” rating given on Thursday, March 8 by Wells Fargo.

InterXion Holding N.V. provides carrier and cloud neutral colocation data center services in France, Germany, the Netherlands, the United Kingdom, and the rest of Europe. The company has market cap of $4.59 billion. The firm enables its clients to connect to a range of telecommunications carriers, Internet service providers, and other customers. It has a 88.6 P/E ratio. The Company’s data centers acts as content, cloud, and connectivity hubs that facilitate the processing, storage, sharing, and distribution of data, content, and applications between its customers.

InterXion Holding N.V. (NYSE:INXN) Ratings Chart

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