CityFibre Infrastructure (CITY) Rating Reiterated by FinnCap
CityFibre Infrastructure (LON:CITY)‘s stock had its “corporate” rating reiterated by stock analysts at FinnCap in a report released on Thursday. They currently have a GBX 90 ($1.21) target price on the stock. FinnCap’s target price points to a potential upside of 52.54% from the company’s previous close.
Several other research firms also recently weighed in on CITY. Peel Hunt reiterated an “add” rating and set a GBX 62 ($0.83) price target on shares of CityFibre Infrastructure in a research note on Friday, September 29th. Numis Securities reiterated a “sell” rating and set a GBX 35 ($0.47) price target on shares of CityFibre Infrastructure in a research note on Wednesday, September 27th. Macquarie reiterated an “outperform” rating and set a GBX 100 ($1.35) price target on shares of CityFibre Infrastructure in a research note on Thursday, September 14th. Finally, Liberum Capital boosted their price target on CityFibre Infrastructure from GBX 80 ($1.08) to GBX 134 ($1.80) and gave the company a “buy” rating in a research note on Thursday, September 28th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. CityFibre Infrastructure presently has an average rating of “Hold” and a consensus price target of GBX 80 ($1.08).
Shares of CityFibre Infrastructure (LON CITY) traded down GBX 1 ($0.01) during mid-day trading on Thursday, reaching GBX 59 ($0.79). The company had a trading volume of 222,433 shares, compared to its average volume of 1,380,000. CityFibre Infrastructure has a 1 year low of GBX 41 ($0.55) and a 1 year high of GBX 71 ($0.96).
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CityFibre Infrastructure 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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