Shares of CityFibre Infrastructure Holdings PLC (LON:CITY) have earned an average recommendation of “Hold” from the six analysts that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 80 ($1.07).

A number of analysts recently issued reports on the company. Macquarie reissued an “outperform” rating and set a GBX 100 ($1.34) target price on shares of CityFibre Infrastructure in a research note on Thursday, September 14th. Numis Securities reaffirmed a “sell” rating and set a GBX 30 ($0.40) price target on shares of CityFibre Infrastructure in a research note on Wednesday, October 4th. Peel Hunt reaffirmed an “add” rating and set a GBX 62 ($0.83) price target on shares of CityFibre Infrastructure in a research note on Friday, September 29th. Liberum Capital reaffirmed a “buy” rating and set a GBX 80 ($1.07) price target on shares of CityFibre Infrastructure in a research note on Thursday, November 9th. Finally, FinnCap decreased their price target on shares of CityFibre Infrastructure from GBX 130 ($1.74) to GBX 90 ($1.21) and set a “corporate” rating for the company in a research note on Thursday, September 28th.

Shares of CityFibre Infrastructure (LON:CITY) opened at GBX 59 ($0.79) on Friday. CityFibre Infrastructure has a 52 week low of GBX 41 ($0.55) and a 52 week high of GBX 71 ($0.95).

CityFibre Infrastructure (LON:CITY) last posted its earnings results on Thursday, September 28th. The company reported GBX (2) (($0.03)) earnings per share (EPS) for the quarter. CityFibre Infrastructure had a negative return on equity of 11.15% and a negative net margin of 65.52%. The business had revenue of GBX 904 million for the quarter.

TRADEMARK VIOLATION NOTICE: “CityFibre Infrastructure Holdings PLC (CITY) Receives Average Recommendation of “Hold” from Analysts” was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another publication, it was stolen and reposted in violation of US and international trademark & copyright laws. The correct version of this article can be viewed at https://www.americanbankingnews.com/2017/12/02/cityfibre-infrastructure-holdings-plc-city-receives-average-recommendation-of-hold-from-analysts-2.html.

CityFibre Infrastructure Company Profile

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.

Analyst Recommendations for CityFibre Infrastructure (LON:CITY)

Receive News & Ratings for CityFibre Infrastructure Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CityFibre Infrastructure Holdings PLC and related companies with MarketBeat.com's FREE daily email newsletter.