CityFibre Infrastructure Holdings PLC (CITY) Earns “Outperform” Rating from Macquarie
CityFibre Infrastructure Holdings PLC (LON:CITY)‘s stock had its “outperform” rating reaffirmed by Macquarie in a note issued to investors on Thursday, September 14th.
Several other research analysts have also issued reports on the stock. Peel Hunt reiterated an “add” rating on shares of CityFibre Infrastructure Holdings PLC in a research note on Monday, September 4th. Liberum Capital reiterated a “buy” rating and issued a GBX 138 ($1.86) price target on shares of CityFibre Infrastructure Holdings PLC in a research note on Thursday, July 27th. Numis Securities Ltd began coverage on shares of CityFibre Infrastructure Holdings PLC in a research note on Tuesday, September 12th. They issued a “sell” rating for the company. Finally, FinnCap reiterated a “corporate” rating and issued a GBX 130 ($1.75) price target on shares of CityFibre Infrastructure Holdings PLC in a research note on Friday, May 19th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. CityFibre Infrastructure Holdings PLC presently has an average rating of “Hold” and a consensus price target of GBX 134 ($1.81).
Shares of CityFibre Infrastructure Holdings PLC (LON CITY) traded down 2.76% on Thursday, hitting GBX 44.00. 9,999 shares of the stock were exchanged. The company has a 50-day moving average price of GBX 52.63 and a 200 day moving average price of GBX 57.34. The company’s market cap is GBX 116.90 million. CityFibre Infrastructure Holdings PLC has a 12 month low of GBX 42.00 and a 12 month high of GBX 71.00.
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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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