Zayo Group Holdings (ZAYO) Receives a Hold from RBC Capital


RBC Capital analyst Jonathan Atkin maintained a Hold rating on Zayo Group Holdings (ZAYO) on February 5 and set a price target of $35.00. The company’s shares closed last Monday at $34.91, close to its 52-week high of $34.93.

According to TipRanks.com, Atkin is a top 25 analyst with an average return of 17.5% and a 81.7% success rate. Atkin covers the Technology sector, focusing on stocks such as Interxion Holding, GDS Holdings, and Verizon.

The word on The Street in general, suggests a Hold analyst consensus rating for Zayo Group Holdings with a $35.00 average price target.

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Zayo Group Holdings’ market cap is currently $8.3B and has a P/E ratio of 47.27. The company has a Price to Book ratio of 5.62.

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Zayo Group Holdings, Inc. engages in the provision of communications and bandwidth infrastructure services in the United States, Canada, and Europe. It operates through the following segments: Zayo Networks, Zayo Colocation (zColo), Allstream, and Other. The Zayo Networks segment includes access to bandwidth infrastucture.

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