Zayo Group Holdings (ZAYO) has an average broker rating of 1.75, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Zayo Group Holdings (ZAYO) : Average target price received by Zayo Group Holdings (ZAYO) is $30.89 with an expected standard deviation of $5.9. The most aggressive target on the stock is $42, whereas the most downbeat target is $20. 9 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Zayo Group Holdings (NYSE:ZAYO): The stock opened at $28.62 on Thursday but the bulls could not build on the opening and the stock topped out at $28.80 for the day. The stock traded down to $28.47 during the day, due to lack of any buying support eventually closed down at $28.52 with a loss of -0.21% for the day. The stock had closed at $28.58 on the previous day. The total traded volume was 928,452 shares.
In a related news, Caruso Daniel, director officer (CEO) of Zayo Group Holdings, Inc., unloaded 13,000 shares at an average price of $28.14 on August 1, 2016. The total amount of the transaction was worth $365,820, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Zayo Group Holdings, Inc. is a provider of bandwidth infrastructure in the United States and Europe. The Companys products include leased dark fiber, fiber to cellular towers and small cell sites, dedicated wavelength connections, Ethernet and Internet protocol (IP) connectivity and other high-bandwidth offerings. Its products and services include physical infrastructure, and cloud and connectivity. It operates through three segments: Physical Infrastructure, Cloud and Connectivity, and Other. Its bandwidth infrastructure assets consist of fiber networks, the optronic equipment used to provide its lit services over its fiber networks, and its datacenters where it provides colocation and interconnection services. The Company, through metro fiber networks, provides bandwidth infrastructure services within the metro markets that it serves. The Company, through regional fiber networks, provides bandwidth infrastructure services between the metro markets that it serves.