KeyBanc Reiterates a Hold Rating on Zayo Group Holdings

By Carrie Williams

KeyBanc analyst Brandon Nispel reiterated a Hold rating on Zayo Group Holdings (NYSE: ZAYO) yesterday. The company’s shares opened today at $34.60, close to its 52-week high of $35.65.

According to TipRanks.com, Nispel is a 3-star analyst with an average return of 6.0% and a 64.7% success rate. Nispel covers the Technology sector, focusing on stocks such as GTT Communications, Netscout Systems, and Cogent Comms.

Zayo Group Holdings has an analyst consensus of Strong Buy, with a price target consensus of $39.83.

The company has a one-year high of $35.65 and a one-year low of $29.30. Currently, Zayo Group Holdings has an average volume of 2.14M.

Based on the recent corporate insider activity of 98 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Zayo Group Holdings, Inc. provides bandwidth infrastructure services in the U.S. and Europe. Its products and services enable mission critical, high-bandwidth applications, such as cloud-based computing, video, mobile, social media, machine-to-machine connectivity, and other bandwidth-intensive applications.