FinnCap Reaffirms Corporate Rating for CityFibre Infrastructure Holdings PLC (CITY)
CityFibre Infrastructure Holdings PLC (LON:CITY)‘s stock had its “corporate” rating reaffirmed by research analysts at FinnCap in a report released on Friday. They presently have a GBX 130 ($1.69) price objective on the stock. FinnCap’s price objective would indicate a potential upside of 92.59% from the company’s previous close.
Several other analysts have also issued reports on the stock. Liberum Capital reaffirmed a “buy” rating and set a GBX 138 ($1.80) price target on shares of CityFibre Infrastructure Holdings PLC in a research report on Tuesday, April 25th. Beaufort Securities reaffirmed a “speculative buy” rating on shares of CityFibre Infrastructure Holdings PLC in a research report on Wednesday, February 1st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 134 ($1.74).
CityFibre Infrastructure Holdings PLC (LON:CITY) remained flat at GBX 67.50 on Friday. 124,425 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is GBX 59.79 and its 200 day moving average price is GBX 54.48. CityFibre Infrastructure Holdings PLC has a 12 month low of GBX 42.00 and a 12 month high of GBX 74.00. The firm’s market cap is GBX 171.20 million.
About CityFibre Infrastructure Holdings PLC
CityFibre Infrastructure Holdings plc is a provider of wholesale fiber optic infrastructure. The Company designs, builds and operates pure-fiber networks across the United Kingdom. The Company’s operations relate to the management of transformational fiber optic infrastructure. Its solutions include Fibre-to-the-Premises, Metro Fibre Networks, Fibre-to-the-Tower and Fibre-to-the-Home.
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