CityFibre Infrastructure Holdings PLC (LON:CITY)‘s stock had its “outperform” rating reaffirmed by research analysts at Macquarie in a research note issued on Wednesday.

CITY has been the topic of a number of other reports. Liberum Capital restated a “buy” rating and set a GBX 138 ($1.71) target price on shares of CityFibre Infrastructure Holdings PLC in a research note on Tuesday, July 26th. FinnCap reaffirmed a “corporate” rating and issued a GBX 130 ($1.61) price target on shares of CityFibre Infrastructure Holdings PLC in a report on Monday, September 26th. Beaufort Securities reaffirmed a “speculative buy” rating on shares of CityFibre Infrastructure Holdings PLC in a report on Monday, September 12th. Finally, Haitong Bank reaffirmed a “sell” rating on shares of CityFibre Infrastructure Holdings PLC in a report on Tuesday, September 27th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 134 ($1.66).

CityFibre Infrastructure Holdings PLC (LON:CITY) opened at 57.30 on Wednesday. The stock’s market capitalization is GBX 152.23 million. The firm’s 50-day moving average is GBX 57.62 and its 200-day moving average is GBX 60.91. CityFibre Infrastructure Holdings PLC has a 52-week low of GBX 42.00 and a 52-week high of GBX 74.00.

ILLEGAL ACTIVITY WARNING: “CityFibre Infrastructure Holdings PLC (CITY) Rating Reiterated by Macquarie” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another publication, it was copied illegally and reposted in violation of United States & international copyright laws. The correct version of this story can be accessed at https://www.thecerbatgem.com/2016/11/23/cityfibre-infrastructure-holdings-plc-city-earns-outperform-rating-from-macquarie.html.

In other news, insider Robert Gary Mesch sold 1,080,000 shares of the stock in a transaction that occurred on Monday, October 10th. The stock was sold at an average price of GBX 60 ($0.74), for a total value of £648,000 ($803,870.49).

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.

Receive News & Stock Ratings for CityFibre Infrastructure Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CityFibre Infrastructure Holdings PLC and related stocks with our FREE daily email newsletter.