CityFibre Infrastructure Holdings PLC (LON:CITY)‘s stock had its “corporate” rating reaffirmed by research analysts at FinnCap in a research report issued to clients and investors on Monday. They presently have a GBX 130 ($1.62) price objective on the stock. FinnCap’s price target points to a potential upside of 139.63% from the company’s current price.

A number of other brokerages have also issued reports on CITY. Beaufort Securities restated a “speculative buy” rating on shares of CityFibre Infrastructure Holdings PLC in a research report on Friday, September 30th. Liberum Capital restated a “buy” rating and set a GBX 138 ($1.72) target price on shares of CityFibre Infrastructure Holdings PLC in a research report on Monday, October 3rd. Macquarie restated an “outperform” rating on shares of CityFibre Infrastructure Holdings PLC in a research report on Thursday, October 27th. Finally, Haitong Bank restated a “sell” rating on shares of CityFibre Infrastructure Holdings PLC in a research report on Wednesday, October 26th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. CityFibre Infrastructure Holdings PLC has an average rating of “Hold” and a consensus target price of GBX 134 ($1.67).

CityFibre Infrastructure Holdings PLC (LON:CITY) opened at 53.80 on Monday. The firm’s market capitalization is GBX 142.93 million. CityFibre Infrastructure Holdings PLC has a 52-week low of GBX 42.00 and a 52-week high of GBX 74.00. The firm’s 50-day moving average is GBX 58.40 and its 200-day moving average is GBX 61.04.

In related news, insider Robert Gary Mesch sold 1,080,000 shares of CityFibre Infrastructure Holdings PLC stock in a transaction on Monday, October 10th. The shares were sold at an average price of GBX 60 ($0.75), for a total value of £648,000 ($809,595.20).

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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