Macquarie began coverage on shares of CityFibre Infrastructure Holdings PLC (LON:CFHL) in a research note released on Monday morning. The brokerage issued an outperform rating on the stock.

A number of other research analysts have also recently issued reports on CFHL. FinnCap reissued a corporate rating on shares of CityFibre Infrastructure Holdings PLC in a research note on Thursday, June 23rd. Beaufort Securities reissued a speculative buy rating on shares of CityFibre Infrastructure Holdings PLC in a research note on Monday, July 4th. Finally, Liberum Capital reissued a buy rating on shares of CityFibre Infrastructure Holdings PLC in a research note on Tuesday, July 26th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The company has an average rating of Hold and a consensus price target of GBX 115 ($1.42).

Shares of CityFibre Infrastructure Holdings PLC (LON:CFHL) opened at 63.00 on Monday. CityFibre Infrastructure Holdings PLC has a 1-year low of GBX 42.00 and a 1-year high of GBX 79.50. The stock’s 50 day moving average price is GBX 56.01 and its 200-day moving average price is GBX 62.85.

About CityFibre Infrastructure Holdings PLC

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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