CityFibre Infrastructure Holdings PLC (CITY) Receives “Sell” Rating from Numis Securities Ltd

Numis Securities Ltd reiterated their sell rating on shares of CityFibre Infrastructure Holdings PLC (LON:CITY) in a report issued on Wednesday.

Several other equities analysts also recently weighed in on the stock. Peel Hunt reaffirmed an add rating on shares of CityFibre Infrastructure Holdings PLC in a report on Friday, September 29th. FinnCap lowered their price target on shares of CityFibre Infrastructure Holdings PLC from GBX 130 ($1.72) to GBX 90 ($1.19) and set a corporate rating on the stock in a report on Thursday, September 28th. Liberum Capital lowered their price target on shares of CityFibre Infrastructure Holdings PLC from GBX 134 ($1.78) to GBX 80 ($1.06) and set a buy rating on the stock in a report on Thursday, September 28th. Finally, Macquarie reaffirmed an outperform rating and set a GBX 100 ($1.33) price target on shares of CityFibre Infrastructure Holdings PLC in a report on Monday, September 25th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The company 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 49.50 on Wednesday. The company’s 50 day moving average is GBX 49.17 and its 200-day moving average is GBX 56.67. The stock’s market capitalization is GBX 131.51 million. CityFibre Infrastructure Holdings PLC has a 52 week low of GBX 38.00 and a 52 week high of GBX 71.00.

CityFibre Infrastructure Holdings PLC (LON:CITY) last issued its quarterly earnings results on Thursday, September 28th. The company reported GBX (2) (($0.03)) earnings per share 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 firm 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.

Analyst Recommendations for CityFibre Infrastructure Holdings PLC (LON:CITY)

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