CityFibre Infrastructure Holdings PLC (LON:CITY)‘s stock had its “outperform” rating reissued by Macquarie in a report released on Wednesday.

Several other equities research analysts have also recently commented on the stock. Liberum Capital reiterated a “buy” rating and set a GBX 138 ($1.71) price target on shares of CityFibre Infrastructure Holdings PLC in a research report on Monday, September 26th. Beaufort Securities reiterated a “speculative buy” rating on shares of CityFibre Infrastructure Holdings PLC in a research report on Monday, September 12th. FinnCap reiterated a “corporate” rating and set a GBX 130 ($1.61) price target on shares of CityFibre Infrastructure Holdings PLC in a research report on Monday, October 3rd. Finally, Haitong Bank reiterated a “sell” rating on shares of CityFibre Infrastructure Holdings PLC in a research report on Tuesday, September 27th. One 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’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 134 ($1.66).

Shares of CityFibre Infrastructure Holdings PLC (LON:CITY) remained flat at GBX 57.00 during midday trading on Wednesday. 249,910 shares of the company traded hands. The company’s market capitalization is GBX 151.43 million. CityFibre Infrastructure Holdings PLC has a 12 month low of GBX 42.00 and a 12 month high of GBX 74.00. The company’s 50-day moving average is GBX 57.62 and its 200-day moving average is GBX 60.91.

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

CityFibre Infrastructure Holdings PLC 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.

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