Zegona Communications plc (LON:ZEG – Get Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 836 ($11.16) and last traded at GBX 828 ($11.06), with a volume of 280097 shares trading hands. The stock had previously closed at GBX 818 ($10.92).
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group upped their price objective on shares of Zegona Communications from GBX 825 ($11.02) to GBX 980 ($13.09) and gave the stock a “buy” rating in a research report on Monday, July 21st.
Get Our Latest Analysis on ZEG
Zegona Communications Stock Performance
About Zegona Communications
Zegona is a British company investing strategically across the Europe with the objective of acquiring businesses in the European TMT sector, using a “Buy-Fix-Sell” strategy to deliver attractive shareholder returns.
The first acquisition made by Zegona was of Asturian telecommunications operator Telecable in 2015.
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