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Macquarie announced Zegona Communications Plc (LON:ZEG), upholding its stock price target at 150.00GBX today

Yesterday Zegona Communications Plc (LON:ZEG) traded -0.78% lower at 128.00GBX. The company’s 50-day moving average is 121.74GBX and its 200-day moving average is 117.25GBX. The last stock close price is up 8.32% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 34,500 shares of the stock were exchanged, down from an average trading volume of 180,582

In a report announced on 11/28/2016 Macquarie hold steady the target of Zegona Communications Plc (LON:ZEG) from 150.00GBX to 150.00GBX reporting a potential upside of 0.17%.

Previously on Friday October 21, 2016, Macquarie reported about Zegona Communications Plc (LON:ZEG) held steady the target price at 150.00GBX. At the time, this indicated a possible upside of 0%.

See Chart Below

Zegona Communications Plc (LON:ZEG)

Zegona Communications Plc has a with a one year low of 98.50GBX and a one year high of 139.25GBX ZEG’s total market value is presently 0 GBX.

Brief Synopsis About Zegona Communications Plc (LON:ZEG)

Zegona Communications plc is a United Kingdom-based company focusing on network-based communications and entertainment opportunities. The Company's segments include Telecable Group and Central Costs. The Telecable Group represents the operational side of telecommunications business of the Company, whereas the Central Costs Segment incorporates the remaining subsidiaries, which represent the administrative segment of the Company and are mainly cost bearing entities and holding companies. The Company is engaged in acquiring businesses in the European telecommunications, media and technology sector. Telecable de Asturias, S.A. (Telecable) is a subsidiary of the Company. Telecable is a television, fixed and mobile telephony, broadband and advanced business solutions provider for the Asturias region in northern Spain. The Company's other subsidiaries include Zegona Limited, Zegona (Lux) S.A.R.L, Zegona (Ireland) Limited, Parselaya S.L. and Telecable Capital Holding, S.L.U.

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