Barclays began coverage on shares of CityFibre Infrastructure (LON:CITY) in a research report issued to clients and investors on Friday. The brokerage set an “equal weight” rating and a GBX 50 ($0.70) price target on the stock. Barclays’ target price points to a potential upside of 4.17% from the company’s previous close.
A number of other equities analysts have also weighed in on CITY. Numis Securities reiterated a “sell” rating and issued a GBX 30 ($0.42) price objective on shares of CityFibre Infrastructure in a research report on Monday, December 4th. Peel Hunt upgraded shares of CityFibre Infrastructure to a “buy” rating and set a GBX 52 ($0.73) price objective on the stock in a research report on Thursday, November 9th. FinnCap reiterated a “corporate” rating and issued a GBX 90 ($1.26) price objective on shares of CityFibre Infrastructure in a research report on Thursday, November 9th. Liberum Capital reiterated a “buy” rating and issued a GBX 80 ($1.12) price objective on shares of CityFibre Infrastructure in a research report on Thursday, November 9th. Finally, Macquarie reiterated an “outperform” rating and issued a GBX 100 ($1.40) price objective on shares of CityFibre Infrastructure in a research report on Wednesday, January 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 75 ($1.05).
CityFibre Infrastructure (LON CITY) opened at GBX 48 ($0.67) on Friday. The stock has a market cap of $310.00 and a P/E ratio of -1,200.00. CityFibre Infrastructure has a 1 year low of GBX 41 ($0.57) and a 1 year high of GBX 71 ($1.00).
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.