Interxion Holding N.V. Receives a Buy from Oppenheimer

By Jason Carr

In a report released today, Timothy Horan from Oppenheimer assigned a Buy rating to Interxion Holding N.V. (NYSE: INXN), with a price target of $40. The company’s shares opened today at $37.18, close to its 52-week high of $38.85.

According to TipRanks.com, Horan is a top 25 analyst with an average return of 7.7% and a 69.0% success rate. Horan covers the Technology sector, focusing on stocks such as Boingo Wireless Inc., Riverbed Technology, and Zayo Group Holdings.

Interxion Holding N.V. has an analyst consensus of Strong Buy, with a price target consensus of $41.

Interxion Holding N.V.’s market cap is currently $2.55B and has a P/E ratio of 54.35. The company has a book value ratio of 4.3527.

Interxion Holding NV engages in the provision of carrier and cloud neutral colocation data center services. The firm focuses to support on sectors such as cloud, connectivity, digital media, enterprise, financial services, and system integrators. Its services include space, power, cooling and a physically secure environment in which to house its customers’ computing, network, storage and information technology infrastructure. The company was founded by Bart van den Dries on April 6, 1998 and is headquartered in Schiphol-Rijk, the Netherlands.