CityFibre Infrastructure (LON:CITY)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a research note issued to investors on Wednesday. They presently have a GBX 100 ($1.34) target price on the stock. Peel Hunt’s price objective suggests a potential upside of 62.87% from the stock’s current price.
CITY has been the topic of a number of other research reports. Macquarie reissued an “outperform” rating and issued a GBX 100 ($1.34) price target on shares of CityFibre Infrastructure in a report on Wednesday. Numis Securities reissued a “sell” rating and issued a GBX 35 ($0.47) price target on shares of CityFibre Infrastructure in a report on Wednesday, September 27th. Liberum Capital raised their price target on shares of CityFibre Infrastructure from GBX 80 ($1.07) to GBX 134 ($1.79) and gave the stock a “buy” rating in a report on Thursday, September 28th. Finally, FinnCap reissued a “corporate” rating and issued a GBX 90 ($1.20) price target on shares of CityFibre Infrastructure in a report on Thursday, December 14th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 80 ($1.07).
CityFibre Infrastructure (LON:CITY) opened at GBX 61.40 ($0.82) on Wednesday. CityFibre Infrastructure has a twelve month low of GBX 41 ($0.55) and a twelve month high of GBX 71 ($0.95). The company has a market cap of $388.45 and a price-to-earnings ratio of -1,535.00.
About CityFibre Infrastructure
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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