CityFibre Infrastructure Holdings PLC (LON:CITY) has earned an average rating of “Hold” from the six analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 80 ($1.08).
A number of research analysts have commented on CITY shares. Macquarie restated an “outperform” rating and set a GBX 100 ($1.36) price target on shares of CityFibre Infrastructure in a research note on Monday, September 25th. Numis Securities restated a “sell” rating and set a GBX 35 ($0.47) price target on shares of CityFibre Infrastructure in a research note on Wednesday, September 27th. Liberum Capital decreased their price target on CityFibre Infrastructure from GBX 134 ($1.82) to GBX 80 ($1.08) and set a “buy” rating on the stock in a research note on Thursday, September 28th. FinnCap decreased their price target on CityFibre Infrastructure from GBX 130 ($1.76) to GBX 90 ($1.22) and set a “corporate” rating on the stock in a research note on Thursday, September 28th. Finally, Peel Hunt restated an “add” rating and set a GBX 62 ($0.84) price target on shares of CityFibre Infrastructure in a research note on Friday, September 29th.
CityFibre Infrastructure (CITY) opened at GBX 57 ($0.77) on Friday. The firm has a market capitalization of $367.25 and a P/E ratio of -1,425.00. CityFibre Infrastructure has a 52-week low of GBX 41 ($0.56) and a 52-week high of GBX 71 ($0.96).
TRADEMARK VIOLATION NOTICE: “CityFibre Infrastructure Holdings PLC (CITY) Receives Average Rating of “Hold” from Analysts” was originally published by American Banking News and is owned by of American Banking News. If you are accessing this story on another website, it was illegally copied and republished in violation of United States and international copyright laws. The correct version of this story can be viewed at https://www.americanbankingnews.com/2018/01/21/cityfibre-infrastructure-holdings-plc-city-receives-average-rating-of-hold-from-analysts.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.
Receive News & Ratings for CityFibre Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CityFibre Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.