Beaufort Securities Reiterates Speculative Buy Rating for CityFibre Infrastructure Holdings PLC (CFHL)
CityFibre Infrastructure Holdings PLC (LON:CFHL) traded down 0.73% during mid-day trading on Tuesday, hitting GBX 68.00. The stock had a trading volume of 630,939 shares. CityFibre Infrastructure Holdings PLC has a 52-week low of GBX 61.00 and a 52-week high of GBX 84.00. The stock’s 50-day moving average is GBX 71.60 and its 200-day moving average is GBX 73.33.
A number of other firms have also recently commented on CFHL. Analysts at FinnCap reiterated a “corporate” rating on shares of CityFibre Infrastructure Holdings PLC in a research note on Monday. They now have a GBX 110 ($1.85) price target on the stock.
CityFibre Infrastructure Holdings PLC is a provider of fiber infrastructure. The Company builds next-generation, gigabit speed fiber networks for the public sector, business community and residential markets.
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