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A statement released earlier today by FBR & Co about Zayo Group Holdings Inc (NYSE:ZAYO) lowers the target price to $25.00

In a report issued 2/10/2017 FBR & Co lowered the target price of Zayo Group Holdings Inc (NYSE:ZAYO) from $30.00 to $25.00 indicating a possible downside of -0.20%.

On 2/10/2017, FBR & Co released a statement about Zayo Group Holdings Inc (NYSE:ZAYO) dropped the target price from $30.00 to $25.00 that suggested a downside of -0.19%.

Only yesterday Zayo Group Holdings Inc (NYSE:ZAYO) traded 1.82% higher at $31.35. The company’s 50-day moving average is $31.82 and its 200-day moving average is $31.22. With the last close up 0.42% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.06% over the date range. Trade Volume was up over the average, with 5,766,072 shares of ZAYO changing hands over the typical 3,065,740

Recent Performance Chart

Zayo Group Holdings Inc (NYSE:ZAYO)

Zayo Group Holdings Inc has a with a one year low of $22.02 and a one year high of $35.65 ZAYO’s total market value is presently $0.

Also covering Zayo Group Holdings Inc's stock price target, a total of 13 brokers have issued a report on the company. The average stock price target is $31.62 with seven equity analysts rating the company a strong buy, 8 firms rating the stock a buy, 0 firms rating the company a hold, one analyst rating the company a underperform, and lastly 0 brokers rating the stock a sell.

Brief Synopsis On Zayo Group Holdings Inc (NYSE:ZAYO)

Zayo Group Holdings, Inc. is a provider of bandwidth infrastructure in the United States, Canada and Europe. The Company operates in five segments, including Dark Fiber Solutions, Network Connectivity, Colocation and Cloud Infrastructure, Zayo Canada and Other. Its key products include leased dark fiber, fiber to cellular towers and small cell sites, wavelength connections, Ethernet, Internet Protocol (IP) connectivity and cloud services. Its products and services enable high-bandwidth applications, such as cloud-based computing, video, mobile, social media and machine-to-machine connectivity. As of June 30, 2016 the Company owned fiber networks in 300 metro markets, including metro areas, such as New York, Chicago, San Francisco, Paris, and London, as well as smaller metro areas, such as Allentown, Pennsylvania, Fargo, North Dakota, and Spokane, Washington. The Company also provides its network-neutral colocation and interconnection services utilizing its own data centers.

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