Numis Securities Ltd Reaffirms “Sell” Rating for CityFibre Infrastructure Holdings PLC (CFHL)
CityFibre Infrastructure Holdings PLC (LON:CFHL)‘s stock had its “sell” rating restated by equities research analysts at Numis Securities Ltd in a research report issued to clients and investors on Wednesday. They presently have a GBX 30 ($0.40) price objective on the stock. Numis Securities Ltd’s target price would suggest a potential downside of 52.38% from the company’s current price.
CFHL has been the subject of a number of other research reports. Macquarie restated an “outperform” rating and set a GBX 100 ($1.33) price objective on shares of CityFibre Infrastructure Holdings PLC in a report on Monday, September 25th. Peel Hunt started coverage on shares of CityFibre Infrastructure Holdings PLC in a report on Thursday, August 24th. They issued an “add” rating and a GBX 62 ($0.82) target price on the stock. Liberum Capital reiterated a “buy” rating and issued a GBX 138 ($1.83) target price on shares of CityFibre Infrastructure Holdings PLC in a report on Thursday, July 27th. Finally, FinnCap lifted their price target on shares of CityFibre Infrastructure Holdings PLC from GBX 90 ($1.19) to GBX 130 ($1.72) and gave the stock a “corporate” rating in a research report on Thursday, September 28th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 91.20 ($1.21).
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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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