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

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).

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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.

Analyst Recommendations for CityFibre Infrastructure (LON:CITY)

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