CityFibre Infrastructure Holdings PLC (CITY) Receives Average Recommendation of “Hold” from Analysts
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).
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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.
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