Zayo Group Holdings (NYSE:ZAYO) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.58 by 12 Brokerage Firm. 9 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 1 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. BTIG Research upgrades their rating on the shares of Zayo Group Holdings (NYSE:ZAYO). The current rating of the shares is Buy. Earlier, the shares were rated a Neutral by the brokerage firm. Equity Analysts at the Firm announces the price target to $31 per share. The rating by the firm was issued on April 20, 2016.
Zayo Group Holdings (NYSE:ZAYO): 10 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $31.4 in Zayo Group Holdings (NYSE:ZAYO). However, the stock price could fluctuate by $ 5.8 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $42 price target with the lower price estimate is calculated at $20
Zayo Group Holdings (NYSE:ZAYO) rose 0.22% or 0.06 points on Tuesday and made its way into the gainers of the day. After trading began at $27.51 the stock was seen hitting $27.58 as a peak level and $27.41 as the lowest level. The stock ended up at $27.52. The daily volume was measured at 853,335 shares. The 52-week high of the share price is $29.62 and the 52-week low is $19.59. The company has a market cap of $6,666 million.
Shares of Zayo Group Holdings, Inc. rose by 1.62% in the last five trading days and 0.07% for the last 4 weeks. Zayo Group Holdings, Inc. is up 13.77% in the last 3-month period. Year-to-Date the stock performance stands at 3.5%.
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.