Analysts at RBC Capital Reconfirmed their Buy rating for Interxion Holding NV (INXN) with $56.0 Target Price; Straight Path Communications (STRP)’s Sentiment Is 1.9

September 7, 2017 - By Vivian Park

Straight Path Communications Inc. is a communications asset company. The company has market cap of $2.28 billion. The Firm owns Straight Path Spectrum, Inc. , Straight Path Ventures, LLC (Straight Path Ventures), and Straight Path IP Group, Inc. (Straight Path IP Group). It currently has negative earnings. The Company’s divisions include Straight Path Spectrum, Straight Path Ventures and Straight Path IP Group.

Among 11 analysts covering Interxion Holding NV (NYSE:INXN), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Interxion Holding NV has $5600 highest and $33 lowest target. $47.13’s average target is -7.26% below currents $50.82 stock price. Interxion Holding NV had 24 analyst reports since August 6, 2015 according to SRatingsIntel. As per Monday, September 28, the company rating was initiated by Barclays Capital. The stock has “Buy” rating by Stifel Nicolaus on Friday, July 21. Wells Fargo upgraded the stock to “Outperform” rating in Wednesday, June 1 report. Stifel Nicolaus maintained the shares of INXN in report on Wednesday, August 2 with “Buy” rating. RBC Capital Markets maintained it with “Outperform” rating and $50 target in Tuesday, May 23 report. The firm has “Outperform” rating by Cowen & Co given on Wednesday, August 2. The stock of InterXion Holding NV (NYSE:INXN) has “Neutral” rating given on Friday, December 2 by Guggenheim. Oppenheimer maintained the shares of INXN in report on Thursday, August 10 with “Buy” rating. The stock of InterXion Holding NV (NYSE:INXN) has “Buy” rating given on Monday, October 26 by Evercore. The stock of InterXion Holding NV (NYSE:INXN) earned “Buy” rating by Canaccord Genuity on Thursday, November 5.

InterXion Holding N.V. is a provider of carrier and cloud neutral colocation data center services in Europe. The company has market cap of $3.59 billion. The Firm operates through two divisions: France, Germany, The Netherlands and UK, and rest of Europe, which consists of its activities in Austria, Belgium, Denmark, Ireland, Spain, Sweden and Switzerland. It has a 83.37 P/E ratio. 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 infrastructure.

The stock decreased 0.33% or $0.17 during the last trading session, reaching $50.82. About shares traded. InterXion Holding NV (NYSE:INXN) has risen 30.50% since September 7, 2016 and is uptrending. It has outperformed by 13.80% the S&P500.

Archer Capital Management L.P. holds 5.38% of its portfolio in Straight Path Communications Inc for 616,044 shares. Solus Alternative Asset Management Lp owns 1.10 million shares or 1.94% of their US portfolio. Moreover, National Asset Management Inc. has 0.81% invested in the company for 118,000 shares. The New York-based Gilder Gagnon Howe & Co Llc has invested 0.41% in the stock. Boston Family Office Llc, a Massachusetts-based fund reported 32,600 shares.

Analysts await Straight Path Communications Inc (NYSEMKT:STRP) to report earnings on October, 6. They expect $-0.27 earnings per share, up 15.63% or $0.05 from last year’s $-0.32 per share. After $-0.40 actual earnings per share reported by Straight Path Communications Inc for the previous quarter, Wall Street now forecasts -32.50% EPS growth.

Since January 1, 0001, it had 0 buys, and 5 insider sales for $13.98 million activity.

The stock increased 0.12% or $0.21 during the last trading session, reaching $179.35. About shares traded. Straight Path Communications Inc (STRP) has risen 435.39% since September 7, 2016 and is uptrending. It has outperformed by 418.69% the S&P500.