CityFibre Infrastructure Holdings PLC (CITY) Receives Add Rating from Peel Hunt
Several other research analysts have also weighed in on CITY. FinnCap lowered their price target on CityFibre Infrastructure Holdings PLC from GBX 130 ($1.72) to GBX 90 ($1.19) and set a corporate rating on the stock in a research report on Thursday, September 28th. Liberum Capital cut their price objective on CityFibre Infrastructure Holdings PLC from GBX 134 ($1.78) to GBX 80 ($1.06) and set a buy rating for the company in a report on Thursday, September 28th. Numis Securities Ltd reissued a sell rating on shares of CityFibre Infrastructure Holdings PLC in a report on Wednesday, September 27th. Finally, Macquarie reissued an outperform rating and issued a GBX 100 ($1.33) target price on shares of CityFibre Infrastructure Holdings PLC in a research note on Monday, September 25th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of GBX 90 ($1.19).
Shares of CityFibre Infrastructure Holdings PLC (LON CITY) opened at 43.25 on Friday. CityFibre Infrastructure Holdings PLC has a 12-month low of GBX 42.00 and a 12-month high of GBX 71.00. The firm’s 50-day moving average is GBX 49.67 and its 200-day moving average is GBX 56.85. The company’s market capitalization is GBX 114.90 million.
CityFibre Infrastructure Holdings PLC (LON:CITY) last issued its quarterly earnings results on Thursday, September 28th. The company reported GBX (2) (($0.03)) EPS for the quarter. CityFibre Infrastructure Holdings PLC had a negative net margin of 58.32% and a negative return on equity of 9.16%. The company had revenue of GBX 904 million for the quarter.
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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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