CityFibre Infrastructure (LON:CITY)‘s stock had its “corporate” rating restated by investment analysts at FinnCap in a research report issued to clients and investors on Thursday. They currently have a GBX 90 ($1.22) price target on the stock. FinnCap’s price objective points to a potential upside of 53.37% from the company’s previous close.
Several other research analysts have also recently commented on the company. Numis Securities reaffirmed a “sell” rating and issued a GBX 30 ($0.41) target price on shares of CityFibre Infrastructure in a research report on Monday, December 4th. Peel Hunt raised CityFibre Infrastructure to a “buy” rating and set a GBX 52 ($0.71) target price for the company in a research report on Thursday, November 9th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 80 ($1.08) target price on shares of CityFibre Infrastructure in a research report on Thursday, November 9th. Finally, Macquarie reaffirmed an “outperform” rating and issued a GBX 100 ($1.36) target price on shares of CityFibre Infrastructure in a research report on Monday, September 25th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 80 ($1.08).
Shares of CityFibre Infrastructure (LON:CITY) opened at GBX 57.20 ($0.78) on Thursday. The firm has a market cap of $371.23 and a P/E ratio of -1,430.00. CityFibre Infrastructure has a one year low of GBX 41 ($0.56) and a one year high of GBX 71 ($0.96).
About CityFibre Infrastructure
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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