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

CityFibre Infrastructure Holdings PLC (LON:CITY) has been given a consensus rating of “Hold” by the seven analysts that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 75 ($1.04).

A number of research firms have recently issued reports on CITY. Liberum Capital reissued a “buy” rating and issued a GBX 80 ($1.11) price target on shares of CityFibre Infrastructure in a research note on Monday, February 5th. FinnCap reissued a “corporate” rating and issued a GBX 90 ($1.24) price target on shares of CityFibre Infrastructure in a research note on Thursday, December 21st. Numis Securities reaffirmed a “sell” rating and set a GBX 30 ($0.41) target price on shares of CityFibre Infrastructure in a research note on Monday, December 4th. Peel Hunt reaffirmed a “buy” rating and set a GBX 100 ($1.38) target price on shares of CityFibre Infrastructure in a research note on Thursday, February 1st. Finally, Barclays initiated coverage on shares of CityFibre Infrastructure in a research note on Friday, February 9th. They set an “equal weight” rating and a GBX 50 ($0.69) target price on the stock.

Shares of CityFibre Infrastructure (LON:CITY) opened at GBX 49 ($0.68) on Thursday. The stock has a market cap of $310.00 and a P/E ratio of -1,225.00. CityFibre Infrastructure has a 52 week low of GBX 41 ($0.57) and a 52 week high of GBX 71 ($0.98).

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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.

Analyst Recommendations for CityFibre Infrastructure (LON:CITY)

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