InterXion Holding NV (INXN) is Downgraded by Jefferies to Hold

InterXion Holding NV (INXN) was Downgraded by Jefferies to ” Hold”. Earlier the firm had a rating of “Buy ” on the company shares. Jefferies advised their investors in a research report released on Jun 13, 2016.

Many Wall Street Analysts have commented on InterXion Holding NV. InterXion Holding NV was Upgraded by Wells Fargo to ” Outperform” on Jun 1, 2016. Company shares were Reiterated by Stifel on May 5, 2016 to “Buy”, Firm has raised the Price Target to $ 41 from a previous price target of $36 .

On the company’s financial health, InterXion Holding NV reported $0.14 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on May 4, 2016. Analyst had a consensus of $0.16. The company had revenue of $102.00 million for the quarter, compared to analysts expectations of $101.69 million. The company’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 EPS.

InterXion Holding NV closed down -0.17 points or -0.44% at $38.3 with 3,99,247 shares getting traded on Friday. Post opening the session at $38.16, the shares hit an intraday low of $38 and an intraday high of $38.36 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

InterXion Holding N.V. is a provider of carrier and cloud neutral colocation data center services in Europe. The Company’s offering of carrier and cloud neutral colocation services include space power cooling and an environment in which to house its customers’ computing network storage and information technology (IT) infrastructure. The Company supports approximately 1500 customers through around 39 data centers in 11 countries enabling them to protect connect process and distribute their information. The Company supplements its colocation offering with a range of other services including network monitoring remote monitoring of customer equipment systems management engineering support services cross connects data backup and storage. The Company provides connections to peers partners customers and various sources of Internet protocol (IP) data content cloud platforms and distribution in the world.

InterXion Holding NV

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