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Canaccord Genuity hikes target price on Zegona Communications following FibreCo deal

By Iain Gilbert

Date: Wednesday 01 Oct 2025

(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on telecommunications services provider Zegona Communications from 980p to 1,500p on Wednesday following the firm's €1.4bn FibreCo monetisation deal and the recent creation of €1.2bn in distributable reserves.
Canaccord Genuity said it believes that all the ingredients were there for...

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