CityFibre Infrastructure Holdings PLC’s (CFHL) “Outperform” Rating Reiterated at Macquarie
CityFibre Infrastructure Holdings PLC (LON:CFHL)‘s stock had its “outperform” rating reiterated by Macquarie in a research report issued on Thursday, StockTargetPrices.com reports. They presently have a GBX 100 ($1.29) target price on the stock. Macquarie’s target price suggests a potential upside of 58.73% from the company’s previous close.
A number of other equities research analysts have also recently commented on CFHL. FinnCap reiterated a “corporate” rating and set a GBX 130 ($1.68) target price on shares of CityFibre Infrastructure Holdings PLC in a report on Friday, May 19th. Liberum Capital reiterated a “buy” rating and set a GBX 138 ($1.78) target price on shares of CityFibre Infrastructure Holdings PLC in a report on Thursday, July 27th. Peel Hunt initiated coverage on CityFibre Infrastructure Holdings PLC in a report on Thursday, August 24th. They set an “add” rating and a GBX 62 ($0.80) target price on the stock. Finally, Numis Securities Ltd initiated coverage on CityFibre Infrastructure Holdings PLC in a report on Tuesday, September 12th. They set a “sell” rating and a GBX 35 ($0.45) target price on the stock. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 93 ($1.20).
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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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