Zacks Rating on Zayo Group Holdings (ZAYO)

Zayo Group Holdings (ZAYO) : The consensus on Zayo Group Holdings (ZAYO) based on 12 analyst recommendation on the company stock is 1.75, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Zayo Group Holdings (ZAYO) : The most positive equity analysts on Zayo Group Holdings (ZAYO) expects the shares to touch $42, whereas, the least positive believes that the stock will trade at $20 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $30.89 with an expected fluctuation of $5.9 from the mean.


Shares of Zayo Group Holdings, Inc. rose by 3.2% in the last five trading days and 0.2% for the last 4 weeks. Zayo Group Holdings, Inc. is up 6% in the last 3-month period. Year-to-Date the stock performance stands at 10.3%. Zayo Group Holdings (NYSE:ZAYO): stock turned positive on Tuesday. Though the stock opened at $29.13, the bulls momentum made the stock top out at $29.64 level for the day. The stock recorded a low of $28.94 and closed the trading day at $29.33, in the green by 0.48%. The total traded volume for the day was 1,964,901. The stock had closed at $29.19 in the previous days trading.

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.

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