SunTrust Robinson Sticks to Their Buy Rating for Interxion Holding NV

By Jason Carr

SunTrust Robinson analyst Gregory Miller reiterated a Buy rating on Interxion Holding NV (NYSE: INXN) today and set a price target of $57. The company’s shares opened today at $52.23, close to its 52-week high of $52.63.

According to TipRanks.com, Miller is a 5-star analyst with an average return of 11.4% and a 73.0% success rate. Miller covers the Technology sector, focusing on stocks such as Zayo Group Holdings, magicJack VocalTec, and GTT Communications.

Currently, the analyst consensus on Interxion Holding NV is Strong Buy and the average price target is $55.60, representing a 6.5% upside.

In a report issued on October 3, Cowen & Co. also reiterated a Buy rating on the stock with a $54 price target.

Interxion Holding NV’s market cap is currently $3.7B and has a P/E ratio of 81.01. The company has a book value ratio of 5.6565.

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Interxion Holding NV engages in the provision of carrier and cloud neutral colocation data center services. It operates through the Big4 and the Rest of Europe segments. The Big4 segment consists of France, Germany, the Netherlands, and the United Kingdom.