CityFibre Infrastructure Holdings PLC’s (CFHL) Sell Rating Reaffirmed at Numis Securities Ltd
CityFibre Infrastructure Holdings PLC (LON:CFHL)‘s stock had its “sell” rating reaffirmed by stock analysts at Numis Securities Ltd in a research report issued to clients and investors on Wednesday, StockTargetPrices.com reports. They currently have a GBX 30 ($0.40) price target on the stock. Numis Securities Ltd’s target price would indicate a potential downside of 52.38% from the company’s previous close.
A number of other equities analysts have also recently commented on CFHL. Peel Hunt reissued an “add” rating and issued a GBX 62 ($0.82) price objective on shares of CityFibre Infrastructure Holdings PLC in a research note on Friday, September 29th. FinnCap upped their target price on shares of CityFibre Infrastructure Holdings PLC from GBX 90 ($1.19) to GBX 130 ($1.72) and gave the company a “corporate” rating in a research report on Thursday, September 28th. Liberum Capital upped their target price on shares of CityFibre Infrastructure Holdings PLC from GBX 80 ($1.06) to GBX 134 ($1.78) and gave the company a “buy” rating in a research report on Thursday, September 28th. Finally, Macquarie reaffirmed an “outperform” rating and issued a GBX 100 ($1.33) price target on shares of CityFibre Infrastructure Holdings PLC in a report on Monday, September 25th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. CityFibre Infrastructure Holdings PLC has a consensus rating of “Hold” and an average price target of GBX 91.20 ($1.21).
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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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