Impact of Brokerage Rating on Zayo Group Holdings, Inc.(ZAYO)

Many Zayo Group Holdings, Inc.(ZAYO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Zayo Group Holdings Inc was Downgraded by FBR & Co. on Feb 10, 2017 to Underperform, Lowers Price Target to $ 25 from a previous price target of $30 .Zayo Group Holdings Inc was Initiated by Stifel on Jan 13, 2017 to Buy, Price Target of the shares are set at $40.Zayo Group Holdings Inc was Downgraded by Morgan Stanley to Equal-Weight on Dec 14, 2016. Zayo Group Holdings Inc was Initiated by SunTrust to Buy on Dec 13, 2016. Zayo Group Holdings Inc was Downgraded by MoffettNathanson to Neutral on Dec 2, 2016.

Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Christopher Morley (President & COO) sold 25,000 shares at 31.68 per share price.On Feb 2, 2017, Linda Rottenberg (director) sold 537 shares at 32.01 per share price.On Jan 31, 2017, Kenneth Desgarennes (Chief Financial Officer) sold 38,885 shares at 31.61 per share price.

Zayo Group Holdings Inc Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.08 EPS for the quarter. Analyst had a consensus estimate of $0.08. The company had revenue of $506.70 million for the quarter, compared to analysts expectations of $510.39 million. The companys revenue was up 37.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.04 EPS.

Zayo Group Holdings, Inc. (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 2.07 by 14 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.

Zayo Group Holdings, Inc. (NYSE:ZAYO): The mean short term price target for Zayo Group Holdings, Inc. (NYSE:ZAYO) has been established at $34.46 per share. The higher price target estimate is at $41 and the lower price target estimate is expected at $20 according to 11 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $6.68

Zayo Group Holdings, Inc. (NYSE:ZAYO) witnessed a decline in the market cap on Tuesday as its shares dropped 1.09% or 0.34 points. After the session commenced at $31.12, the stock reached the higher end at $31.2 while it hit a low of $30.66. With the volume soaring to 2,236,639 shares, the last trade was called at $30.75. The company has a 52-week high of $35.65. The company has a market cap of $7,507 million and there are 244,115,100 shares in outstanding. The 52-week low of the share price is $21.89.

Zayo Group Holdings, Inc. is a provider of bandwidth infrastructure services, including dark fiber, wavelengths, SONET, Ethernet, IP services, and carrier-neutral colocation and interconnection. Its customers include wireline and wireless carriers, and high-bandwidth enterprises from disaster recovery, media content, educational, financial, government, healthcare, and other industries. Zayo Group Holdings, Inc. is headquartered in Boulder, Colorado.

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