CityFibre Infrastructure (CITY) Receives Buy Rating from Peel Hunt
Peel Hunt reaffirmed their buy rating on shares of CityFibre Infrastructure (LON:CITY) in a research report report published on Wednesday, January 3rd. Peel Hunt currently has a GBX 100 ($1.40) price target on the stock.
Other analysts have also recently issued reports about the stock. Macquarie restated an outperform rating and set a GBX 100 ($1.40) price target on shares of CityFibre Infrastructure in a report on Wednesday, January 3rd. Liberum Capital raised their price target on shares of CityFibre Infrastructure from GBX 80 ($1.12) to GBX 134 ($1.88) and gave the stock a buy rating in a report on Thursday, September 28th. Numis Securities restated a sell rating and set a GBX 30 ($0.42) price target on shares of CityFibre Infrastructure in a report on Wednesday, October 4th. Finally, FinnCap raised their price target on shares of CityFibre Infrastructure from GBX 90 ($1.26) to GBX 130 ($1.83) and gave the stock a corporate rating in a report on Thursday, September 28th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average price target of GBX 80 ($1.12).
Shares of CityFibre Infrastructure (CITY) traded down GBX 1 ($0.01) on Wednesday, hitting GBX 53 ($0.74). 369,154 shares of the company’s stock traded hands, compared to its average volume of 282,712. CityFibre Infrastructure has a one year low of GBX 41 ($0.58) and a one year high of GBX 71 ($1.00). The firm has a market capitalization of $335.31 and a PE ratio of -1,325.00.
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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