Zayo Group Holdings Inc using SYMBOL code NYSE:ZAYO had its stock rating noted as ‘Reiterated’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Oppenheimer. Zayo Group Holdings Inc are listed in the Public Utilities sector within NYSE. Oppenheimer have set a target price of 32 USD on its stock. This now indicates the analyst believes there is a potential upside of 16.4% from today’s opening price of 27.48 USD. Zayo Group Holdings Inc NYSE:ZAYO has a 50 day moving average of 27.86 USD and a 200 day moving average of 27.82 USD. The 1 year high for the share price is 32.18 USD while the year low share price is currently 21.21 USD.
Zayo Group Holdings Inc NYSE:ZAYO (ZGL) is a provider of bandwidth infrastructure in the United States and Europe. The Company’s products include leased dark fiber, fiber to cellular towers and small cell sites, wavelength connections, Ethernet and Internet protocol (IP) connectivity and other high-bandwidth offerings. It provides its services over a set of dense metro, regional, and long-haul fiber networks and through its interconnect-oriented datacenter facilities. Its customer base includes consumers of bandwidth infrastructure services, such as wireless service providers; telecommunications service providers; financial services companies; social networking, media and Web content companies; education, research and healthcare institutions, and governmental agencies. It provides its bandwidth infrastructure services for a fixed monthly recurring fee under contracts. The Company operates in three segments: Physical Infrastructure, Lit Services and Other.