Jefferies Downgrades InterXion Holding NV to Hold

Brokerage firm Jefferies Downgrades its rating on InterXion Holding NV(NYSE:INXN). The shares have been rated Hold. Previously, the analysts had a Buy rating on the shares. The rating by Jefferies was issued on Jun 13, 2016.

In a different note, On Jun 1, 2016, Wells Fargo said it Upgrades its rating on InterXion Holding NV. The shares have been rated ‘Outperform’ by the firm.

InterXion Holding NV (INXN) shares turned negative on Fridays trading session with the shares closing down -0.48 points or -1.29% at a volume of 4,42,589. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $37.09. The peak price level was also seen at $37.09 while the days lowest was $36.62. Finally the shares closed at $36.75. The 52-week high of the shares is $38.51 while the 52-week low is $25.85. According to the latest information available, the market cap of the company is $2,578 M.

InterXion Holding NV(INXN) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $111.79M. Analysts had an estimated revenue of $101.78M. Earnings per share were $0.16. Analysts had estimated an EPS of $0.16.

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.

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