CityFibre Infrastructure Holdings PLC (CITY) Given Consensus Rating of “Hold” by Brokerages
Shares of CityFibre Infrastructure Holdings PLC (LON:CITY) have received a consensus recommendation of “Hold” from the six brokerages that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 80 ($1.07).
Several brokerages have weighed in on CITY. Peel Hunt reaffirmed an “add” rating and issued a GBX 62 ($0.83) price objective on shares of CityFibre Infrastructure in a report on Friday, September 29th. FinnCap reiterated a “corporate” rating and issued a GBX 90 ($1.20) price target on shares of CityFibre Infrastructure in a research report on Thursday, December 21st. Numis Securities reiterated a “sell” rating and issued a GBX 35 ($0.47) price target on shares of CityFibre Infrastructure in a research report on Wednesday, September 27th. Macquarie reiterated an “outperform” rating and issued a GBX 100 ($1.34) price target on shares of CityFibre Infrastructure in a research report on Thursday, September 14th. Finally, Liberum Capital upped their price target on CityFibre Infrastructure from GBX 80 ($1.07) to GBX 134 ($1.79) and gave the company a “buy” rating in a research report on Thursday, September 28th.
CityFibre Infrastructure (LON CITY) opened at GBX 60 ($0.80) on Wednesday. The stock has a market capitalization of $379.59 and a PE ratio of -1,500.00. CityFibre Infrastructure has a fifty-two week low of GBX 41 ($0.55) and a fifty-two 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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